Apple confirms $500M supply deal with rare earths miner MP Materials

Jul. 15, 2025 8:28 AM ETMP Materials Corp. (MP) StockAAPLBy: Carl Surran, SA News Editor41 Comments
Large mining rock dump trucks transporting Platinum ore for processing

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MP Materials (NYSE:MP) +11.2% pre-market Tuesday after Apple (AAPL) said it had formed a $500M partnership in the operator of the only U.S. rare earths mine, confirming an earlier report, as the iPhone maker seeks to localize

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