MP Materials Corp. is among the top performing mid cap stocks in 2025. They have entered a $500 million partnership with Apple to supply US-made, sustainable rare earth magnets. These magnets will be produced from 100% recycled materials at MP Materials’ facilities in Texas and California.

The partnership between MP Materials and Apple is the result of nearly 5 years of joint development. The magnets will be manufactured to meet Apple’s strict performance and design standards. MP Materials will expand its Fort Worth facility to include neodymium magnet production lines tailored for Apple products.

MP Materials, listed on the NYSE, operates in the Materials and Magnetics segments. While the partnership with Apple is significant, consider exploring other AI stocks for greater upside potential. For an undervalued AI stock benefiting from tariffs and onshoring trends, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: MP Materials Forges $500M Partnership with Apple for US-Made, Recycled Rare Earth Magnets