This company owns and operates Mountain Pass, a rare earth mining and processing site, producing materials used in a range of products from cars to smartphones.
Interesting stock given the state of trade tarrif wars, future warfare production and physical AI
Magnet production for physical robotics is touted as a major industry driver into the future: ‘a simple humanoid robot needs between 8-10 pounds of rare earth magnetics in it’
On July 15, 2025, MP Materials (MP) entered into a $500 million definitive, long-term supply agreement with Apple Inc. (NASDAQ:AAPL) for the development, manufacture, and supply of magnets from the Company’s Independence facility, as well as the development and installation of scaled recycling capabilities at Mountain Pass to produce the contained rare earths from post-industrial and post-consumer recycled rare earth feedstocks. In connection with the agreement, Apple has agreed to make a prepayment of $200 million for the purchase of magnets from the Company.
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