MP Materials is expanding its strategic partnerships with Apple and the Pentagon to build alternative supply chains and counter China's market dominance.

1 report, 1 independent Updated Jul 22

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

MP Materials mainland China Apple Inc.

How it developed

Newest first. Tap a step to see who reported it.

Jun 8MP Materials is partnering with the DoD to fast-track a domestic rare earth magnet supply chain, supplying Apple Inc. and utilizing Energy Fuels as a peer.Sub-event
Jun 8Apple is seeking to reduce reliance on foreign sources, particularly China, while also securing rare-earth supply backed by the Pentagon.Sub-event
Jul 22MP Materials expands strategic partnerships (Apple, Pentagon) to counter China's rare earth leverage.1 source
- Insider Monkey

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Part of

MP Materials is partnering with Apple to build alternative supply chains and counter China's market dominance. All 3 developments

Within Bloc actions are seen as containing China's development, while the war against Iran continues to undermine global supply-chain resilience.

The entities involved

MP Materials
American Rare Earth materials company

Nothing else this week.
mainland China
geopolitical area under the jurisdiction of the People's Republic of China, excluding Special Administrative Regions
- HKEX reinforces Hong Kong's role connecting Mainland China. HKEX and Bursa Malaysia collaborate on co-branded benchmarks.Mon 06:23
- The company sold the Mainland China operations of Pizza Hut in a separate transaction for an aggregate of $2.7 billion. Chris Turner was appointed CEO of Yum! Brands.Mon 04:17
Apple Inc.
American multinational technology company based in Cupertino, California
- Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
- Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22

Related events

Coverage

Newest first; wire copies grouped

Jul 22Insider MonkeyMP Materials Corp. (MP): “Not As Big As Everyone’s Trying To Make It,” Says Jim Cramer We recently published Jim Cramer Discusses These 10 Stocks & AI-Led Disinflation. MP Materials Corp. (NYSE:MP) i