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MP Materials stock rips 22% higher after $500 million Apple deal for rare earth magnets

People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025. Apple and miner MP Materials announced a $500 million deal Tuesday for rare earth magnets and the development of a recycling facility that will reinforce the iPhone maker's U.S. supply chain. MP Materials stock climbed 22%. Shares of Apple were marginally higher. As part of the agreement, Apple will buy rare earth magnets created at the company's facility in Fort Worth, Texas. Both companies will combine

MP Materials stock rips 24% higher after $500 million Apple deal for rare earth magnets

People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025. Apple and miner MP Materials announced a $500 million deal Tuesday for rare earth magnets and the development of a recycling facility that will reinforce the iPhone maker's U.S. supply chain. MP Materials stock climbed 24%. Shares of Apple were marginally higher. As part of the agreement, Apple will buy rare earth magnets created at the company's facility in Fort Worth, Texas. Both companies will combine

My top-rated USB-C accessory just got even better with this built-in display

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Apple commits $500 million over several years to buy US-made rare earth magnets

Apple just announced a commitment of $500 million over several years to buy rare earth magnets from the US-based company MP Materials. These rare earth magnets are used in a number of products, including iPhones, MacBooks and the Apple Pencil stylus. The American-made magnets will be shipped throughout the world, to help "meet increasing global demand for the material." MP Materials is the only fully integrated rare earth producer in the country. The two companies have also pledged to work toge

This smart ring company will test your blood for $500 - here's what for

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Best free web hosting services: Expert-tested picks that are actually worth it

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

MP Materials stock rips 23% higher after $500 million Apple deal for rare earth magnets

People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025. Apple and miner MP Materials announced a $500 million deal Tuesday for rare earth magnets and the development of a recycling facility that will reinforce the iPhone maker's U.S. supply chain. MP Materials stock climbed 23%. Shares of Apple were marginally higher. As part of the agreement, Apple will buy rare earth magnets created at the company's facility in Fort Worth, Texas. Both companies will combine

One of my favorite smart ring makers just launched its blood testing platform - but it's not cheap

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

The best rugged tablets of 2025: Expert tested and reviewed

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Apple commits $500M to U.S.-based rare earth recycling firm MP Materials

Apple is investing $500 million in MP Materials, the only fully integrated rare earth mining company currently operating in the United States, as part of a broader effort to strengthen the domestic rare earth supply chain. The tech giant announced on Tuesday that with this deal, it’s committed to buying American-made rare earth magnets developed at MP Materials’ flagship facility in Fort Worth, Texas. The factory will develop a series of neodymium magnet manufacturing lines specifically designe

Apple makes $500 million deal with miner MP Materials for rare earths magnets

People look at iPhones at the Apple Fifth Avenue store in New York City on May 23, 2025. Apple and miner MP Materials announced a $500 million deal Tuesday for rare earths magnets and the development of a recycling facility that will reinforce the iPhone maker's U.S. supply chain. MP Materials stock climbed 10%. Shares of Apple were marginally higher. As part of the agreement, Apple will buy rare earth magnets created at the company's facility in Fort Worth, Texas. Both companies will combine

This Anker Nano has become my everyday power bank - here's why

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Apple cuts a deal for recycling rare earth magnets in the US

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Apple has announced a $500 million investment in MP Materials, a rare earth mining company based in the US. With the deal, the two companies will partner on the development of a rare earth magnet recycling line in Mountain Pass, California, allowing Apple to use reprocessed electronics and scrap material to build its products. Apple has worked with

Apple announces $500 million US investment focused on rare earth magnets

Earlier this year, Apple pledged a $500 billion investment in the United States over the next four years. Now, the company is further expanding that pledge with a $500 million plan to “launch an all-new recycling facility for processing recycled rare earth elements.” With this investment, Apple will work with MP Materials and commit to buying American-made rare earth magnets developed in Fort Worth, Texas. The two companies will build out MP Materials’ “state-of-the-art Texas factory” with a “s

This $50 electric screwdriver is a reliable addition to my toolkit (especially on sale)

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The best video conferencing software: Best solutions for remote work, productivity, and high-quality streams

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Why recycling solar panels is harder than you might think

It’s hard work soaking up sunlight to generate clean electricity. After about 25 to 30 years, solar panels wear out. Over the years, heating and cooling cycles stress the materials. Small cracks develop, precipitation corrodes the frame and layers of materials can start to peel apart. In 2023, about 90% of old or faulty solar panels in the U.S. ended up in landfills. Millions of panels have been installed worldwide over the past few decades – and by about 2030, so many will be ready to retire t

How to install the MacOS 26 beta on your Mac (and which models support it)

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

The Scourge of Arial (2001)

Arial is everywhere. If you don’t know what it is, you don’t use a modern personal computer. Arial is a font that is familiar to anyone who uses Microsoft products, whether on a PC or a Mac. It has spread like a virus through the typographic landscape and illustrates the pervasiveness of Microsoft’s influence in the world. Arial’s ubiquity is not due to its beauty. It’s actually rather homely. Not that homeliness is necessarily a bad thing for a typeface. With typefaces, character and history a

Show HN: Refine – A Local Alternative to Grammarly

Is my data truly private? Yes, absolutely. Your documents, text, and writing never leave your Mac. We don't collect, store, or transmit any of your personal content. All processing happens locally using offline large language models (LLMs) that run directly on your machine. What apps does it work with? Works with most macOS apps including Mail, Messages, Safari, Chrome, Pages, Word, Slack, Notion, and many more. What about system requirements? Requires macOS 14.0 or later. Works with both Appl

How to install the iPadOS 26 beta on your iPad (and which models support it)

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Species at 30 makes for a great guilty pleasure

Earlier this month, Hollywood mourned the passing of Michael Madsen, a gifted actor best known for his critically acclaimed roles in Reservoir Dogs, Kill Bill, and Donnie Brasco, among others. Few obituaries have mentioned one of his lesser-known roles: a black ops mercenary hired to help hunt down an escaped human/alien hybrid in 1995's Species. The sci-fi thriller turns 30 this year and while it garnered decidedly mixed reviews upon release, the film holds up quite well as a not-quite-campy B

Every iPhone model getting iOS 26 (and which ones don't support it)

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The best Sam's Club deals still live: TVs, speakers, laptops, and appliances

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Prime Day is over, but our favorite laptop deals are still live

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

How to download the iOS 26 beta on your iPhone right now (and which models support it)

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Add Apple CarPlay or Android Auto to your older car with this $94 screen

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Last chance for Prime members to get 50% off a Grubhub order - here's how to do it

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Why your USB-C device won't charge - and what you can do instead

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Prime Day ends tonight - grab our 85+ favorite laptop deals while you still can

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or