Producers of metals and other raw materials rose after a strong batch of economic data. Retail sales rose by more than anticipated in June, the Philadelphia Federal Reserve's business index surged ...

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 majority of the world’s rechargeable batteries are now made using lithium-ion. Most rely on a combination of different ...

Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a ...

Apple secured a $500 million deal with MP Materials for U.S.-made rare earth magnets, reducing reliance on China.

MP Materials inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...

In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment supports the expansion of its processing capacity and the construction of a ...

Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...

EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the ...

MP Materials, which has the only operational rare earths mine in the U.S., has drawn interest as a challenger to China's ...

Apple commits $500 million to MP Materials to boost U.S.-made rare earth magnets, strengthen supply chains, and advance American manufacturing and recycling technologies.

Announced on Tuesday, the agreement guarantees Apple a steady flow of rare earth magnets independent of China, which ...