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News 2026-09-28 11:04 UTC

Weekly Recap: U.S. mine-to-magnet chain and Apple $500M magnet deal

MP Materials Corp Class A (NYSE:MP) is rapidly scaling a U.S. mine-to-magnet supply chain at Mountain Pass—backed by a 15% Defense Dept. stake and a 10-year offtake—boosting NdPr output and sales, securing big buyers including Apple and GM, and accelerating 10X plant build to start shipments.Previo…