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Apple, MP Materials and Huge Boost

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Apple inks $500 million raw materials deal to boost US supply chain
Apple AAPL.O has signed a $500-million deal with Pentagon-backed MP Materials MP.N for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after Chi...

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MP Materials Stock Jumps 20%. How Apple Gave It a Huge Boost.
MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.
Pentagon to keep working with US rare earths projects, US defense official says
The U.S. Department of Defense plans to continue working with rare earths companies to ensure diverse American supply of the critical minerals used across the economy, a defense official told Reuters...

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Apple to Buy Rare Earths From Pentagon-Backed US Producer MP
MP Materials Stock Jumps 19% on Apple’s $500 Million Commitment to Buy Rare-Earth Magnets
Pentagon to keep investing in US critical minerals projects, defense official says
The Pentagon "is looking forward to continue working with companies across the (rare earths) supply chain to ensure that DoD and the nation have the secure and resilient supply chains necessary to se...

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Apple just spent $500 million to source a material that’s critical for iPhones from the US
Apple strikes $500M deal to source rare earth materials from Fort Worth facility
Money Morning7h
Is It Too Late to Buy MP Materials? Apple Investment Sends MP Stock Soaring.
However, it’s not just the government rushing to ensure rare earth supply. Apple (NASDAQ: AAPL) has one-upped the Pentagon by announcing a $500 million agreement with MP Materials to secure recycled rare earth magnets.
MP Materials: Contender To Be Top REE Company Outside Of China
MP Materials is America’s only fully integrated rare earth producer with capabilities ranging from mining to end products. Learn more about MP stock here.
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