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MP Materials Soars 3.52% on $500M Apple Deal!

Wednesday, Jul 16, 2025 6:36 am ETmin read

Aime Summary

- MP Materials' shares rose 3.52% after a $500M deal with Apple to supply rare earth materials.

- The partnership secures Apple's access to neodymium and praseodymium for device magnets, addressing supply chain risks.

- This strengthens MP Materials' position as a leading U.S. rare earth producer critical for tech and clean energy sectors.

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