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News

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

TechRepublic · 1d
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 · 2d
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.
Cryptopolitan on MSN · 2d
Apple pours $500 million into US rare‑earth magnet supply
Apple and MP Materials on Tuesday unveiled a $500 million partnership aimed at bolstering the iPhone maker’s domestic supply chain for rare‑earth magnets and setting up a new recycling facility. MP Materials’ shares responded positively to the development.
3don 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 ...
3don MSN
US rare earth pricing system is poised to challenge China's dominance
U.S. efforts to break China's dominance of the rare earths market and to drive investment in its own industry have moved up a ...

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