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News

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

Associated Press News on MSN · 2d
America’s only rare earth producer gets a boost from Apple and Pentagon agreements
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.
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.
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.
2d
Apple strikes $500M deal to source rare-earth materials from Fort Worth facility
MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
2don 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 ...
1don MSN
America’s Biggest Rare-Earth Producer Makes a Play to End China’s Dominance
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon ...

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