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News

MP Materials to supply Apple with US-made rare earth magnets

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.
The Wall Street Journal on MSN · 2d
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.
The Verge on MSN · 2d
Apple cuts a deal for recycling rare earth magnets in the US
Apple has announced a $500 million investment in MP Materials, a rare earth mining company based in the US. With the deal, the two companies will partner on the development of a rare earth magnet recycling line in Mountain Pass, California, allowing Apple to use reprocessed electronics and scrap material to build its products.
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 ...
2don MSN
Apple's latest message to Trump: We're buying American magnets
Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, ...

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