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 analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.

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 ...

Key Takeaways MP Materials shares fell Thursday morning as the company said it is selling stock to raise cash. The company said it is selling about 11.8 million shares for $55 each, raising $650 ...

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 ...

Apple has signed a deal worth $500 million with MP Materials, the only rare earth producer of the United States.

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 ...