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MP Materials to supply Apple with US-made rare earth magnets

America’s only rare earth producer gets a boost from Apple and Pentagon agreements

MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.

MarketWatch · 3d

MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.

The iPhone maker is committing $500 million to buying rare-earth magnets from the company’s flagship facility in Texas, which Apple is helping to build out.

Hosted on MSN · 3d

Apple in $500 million rare earth magnet deal with MP to expand US supply chain

Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth.

1don MSN

Breaking China's Stranglehold on Rare Earth Elements

China is using its near-monopoly on critical minerals to win trade concessions. Can the U.S. find alternate supplies?

Outlook Business13h

Rare Earth: India Strikes It Rich, But the Pay-off is Years Away

India’s discovery of rare earth deposits in Rajasthan sparks hope for strategic and economic gains. But with limited ...

Just The News19h

Wyoming rare earth mine touted as America’s first in decades isn’t economically viable, critics say

Ramaco Resources says its Brook Mine near Sheridan, Wyoming, will satisfy a large chunk of U.S. demand for rare earths, but ...

3don MSN

First rare earth mineral mine in America in over 70 years breaks ground in Wyoming

For the first time in more than 70 years, a rare earth minerals mine broke ground in the United States last Friday. The Brook Mine, owned by Ramaco Resources, near Sheridan, Wyoming, is also the first ...

Cowboy State Daily7d

First U.S. Rare Earth Mine In 70 Years Opens In Wyoming

U.S. Energy Secretary Chris Wright was in Ranchester, Wyoming, on Friday for the ribbon cutting to open the first U.S. rare ...

2don MSN

Nvidia’s resumption of H20 chip sales related to rare earth element trade talks

U.S. Commerce Secretary said Nvidia's plans to start selling its H20 chips are tied to ongoing trade discussions with China regarding REEs.

1don MSN

Energy Fuels surges to three-year high as it begins heavy rare earth production

Energy Fuels posted its highest close since April 2022 after saying it began producing heavy rare earth element oxides on a ...

CBS News10y

Rare earth elements: Not so rare after all - CBS News

After all, China's hold on rare earth elements is a running theme in "House of Cards" (think of Raymond Tusk's push for "Samarium 149"). And defending the only U.S. rare earth mine is Jason ...