MP Materials Corp. (NYSE:MP) surged by 40.15% this week, hitting a new all-time high after partnering with Apple Inc. for a $500 million deal. Apple committed to purchasing US-made rare earth magnets from MP Materials Corp.’s Independence facility in Texas. MP also secured a $400 million investment with the Department of Defense.

Read more at Yahoo Finance: MP Materials (MP) Soars 40% on Multi-Billio Dollar Deals