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MP Materials stock rips 20% 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 20%. 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

Apple commits $500M to US-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

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

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

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

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

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

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

Edible Microlasers Could Revolutionize Food Tracking and Safety

In a delicious turn of events, scientists succeeded in taking the optics of olive oil to create the first-ever microlaser made entirely from edible materials. If commercialized, they could offer an easy and safe way to monitor food or medications from inside your body. The technology, introduced earlier this month in the journal Advanced Optical Materials, exploits an interesting tendency for droplets of common cooking oils, which emit a photon of light when subjected to a certain amount of ene

Is It Cake? How Our Brain Deciphers Materials

One of the greatest questions of the modern age is: Is it cake? As in: Is it an espresso machine, or cake? Paint can, or cake? Air fryer, or …? Millions of viewers have watched rapt as TikTok bakers slice or bite into inedible-looking objects with fluffy, frosting-filled innards … or have tuned into Is It Cake?, the aptly named Netflix show. Why? As a form of entertainment, this kind of visual trick is hardly new. For centuries, artists have delighted in fooling us into thinking one material is

Nano-engineered thermoelectrics enable scalable, compressor-free cooling

Researchers at the Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland, have developed a new, easily manufacturable solid-state thermoelectric refrigeration technology with nano-engineered materials that is twice as efficient as devices made with commercially available bulk thermoelectric materials. As global demand grows for more energy-efficient, reliable and compact cooling solutions, this advancement offers a scalable alternative to traditional compressor-based refrigeration.

More Efficient Thermoelectric Cooling

Researchers at the Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland, have developed a new, easily manufacturable solid-state thermoelectric refrigeration technology with nano-engineered materials that is twice as efficient as devices made with commercially available bulk thermoelectric materials. As global demand grows for more energy-efficient, reliable and compact cooling solutions, this advancement offers a scalable alternative to traditional compressor-based refrigeration.

Waste into Construction Materials: Geopolymers from Recycled Sources

1. Introduction 3,4,5,6,7, The construction industry stands as a major contributor to global waste generation, with the accumulation of construction and demolition debris (C&D) posing a significant environmental challenge [ 1 ]. This ever-increasing waste volume necessitates a fundamental shift towards sustainable practices, driving research and development into innovative, eco-friendly construction materials [ 2 ]. Among these promising alternatives, geopolymers have emerged as a compelling su

Researchers develop a battery cathode material that does it all

Battery electrode materials need to do a lot of things well. They need to be conductors to get charges to and from the ions that shuttle between the electrodes. They also need to have an open structure that allows the ions to move around before they reach a site where they can be stored. The storage of lots of ions also causes materials to expand, creating mechanical stresses that can cause the structure of the electrode material to gradually decay. Because it's hard to get all of these propert

Nascent Materials emerges from stealth to make LFP batteries better and cheaper

Lithium-ion batteries have dropped in cost by 75% over the past decade, a marvel of research and development that isn’t the result of a singular breakthrough but of myriad incremental improvements. Few know that better than Chaitanya Sharma, founder of the stealthy Nascent Materials. Sharma spent a little over two years working at Tesla’s Gigafactory in Nevada and another two leading iM3NY, a lithium-ion manufacturer in New York. Since leaving iM3NY in November 2023, he’s been working on a new

18 Tips to Help You Keep Your Balance in Death Stranding 2

Death Stranding 2, the follow-up to Hideo Kojima's 2020 surreal post-apocalyptic survival game Death Stranding expands on the first game with some meaningful quality of life upgrades, as well as earlier access to some of its more useful tools. However, Death Stranding 2 is still a unique game with a lot of quirky elements gamers will have to wrap their heads around as they spend the next 50-plus hours walking across Australia, the setting for the sequel. After spending around 20 hours with the

18 Tips to Help you Keep Your Balance in Death Stranding 2

Death Stranding 2, the follow-up to Hideo Kojima's 2020 surreal post-apocalyptic survival game Death Stranding expands on the first game with some meaningful quality of life upgrades, as well as earlier access to some of its more useful tools. However, Death Stranding 2 is still a very unique game with a lot of quirky elements gamers will have to wrap their heads around as they spend the next 50-plus hours walking across Australia, the setting for the sequel. After spending around 20 hours with

First 2D, non-silicon computer developed

The team used metal-organic chemical vapor deposition (MOCVD) — a fabrication process that involves vaporizing ingredients, forcing a chemical reaction and depositing the products onto a substrate — to grow large sheets of molybdenum disulfide and tungsten diselenide and fabricate over 1,000 of each type of transistor. By carefully tuning the device fabrication and post-processing steps, they were able to adjust the threshold voltages of both n- and p-type transistors, enabling the construction