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News

Apple Invests $500 Million in U.S. Rare-Earth Supply Chain

TechRepublic · 2h
Apple Invests $500M to Secure US Supply of Rare Earth Magnets
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.
Reuters on MSN · 19h
Apple in $500 million rare earth magnet deal with MP to expand US supply chain
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth.
The Wall Street Journal on MSN · 1d
Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time when President Trump has pressured Apple to do so.
3hon MSN
Apple just signed a $500M deal with the owner of a one-of-a-kind California mine
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
1don MSN
Apple backs Trump rare earth minerals push, invests $500M in US mine
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently ...

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