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

TechRepublic · 12h

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 · 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.

Reuters on MSN · 1d

Apple inks $500 million rare earth magnet deal to bring supply back to US

Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after China curbed exports earlier this year.

6hon 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 ...

1hon MSN

Apple Teams Up with MP Materials in a $500M Push for American Innovation

Apple has signed a deal worth $500 million with MP Materials, the only rare earth producer of the United States.

15hon MSN

This Company Used To Be Obscure. Now Apple and the DOD Are Buying In

MP Materials, which has the only operational rare earths mine in the U.S., has drawn interest as a challenger to China's ...

1don MSN

Apple is investing $500 million in a US maker of rare earth magnets, and the company's stock is soaring

Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, ...

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