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MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the US rare earths miner inked a supply deal with Apple.
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Deutsche Bank raised its price target on shares of the rare-earth-metals miner MP Materials by 235%, making it the highest on Wall Street, but the stock is down anyway.Deutsche Bank’s Corinne ...
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically ...
Though there were no historical benchmarks to gauge the response, the Dollar Index could fall more than 5%. Sterling edged higher versus the euro but remained weaker against a firmer dollar after the ...
Apple has announced a major investment of 500 million dollars in a long-term partnership with the American company MP ...
The post Apple Teams Up with MP Materials in a $500M Push for American Innovation appeared first on Android Headlines.
Apple secured a $500 million deal with MP Materials for U.S.-made rare earth magnets, reducing reliance on China.
In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
MP Materials inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...