MP Materials Hits Record High After $500 Million Agreement with Apple

Reported 1 day ago

MP Materials Corp. reached an all-time high of $62.87 after securing a $500 million deal with Apple to supply rare earth magnets. This partnership, part of Apple's $500 billion U.S. expansion plan, involves collaboration for a new manufacturing facility in Texas, significantly boosting MP Materials' production capacity.

Source: YAHOO

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