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The post Apple Teams Up with MP Materials in a $500M Push for American Innovation appeared first on Android Headlines.
Apple secured a $500 million deal with MP Materials for U.S.-made rare earth magnets, reducing reliance on China.
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
Beijing’s 91% grip on materials vital to defence and electric vehicles is down to its scale, but also its lead in processing.
MP Materials inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...
In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment supports the expansion of its processing capacity and the construction of a ...
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the ...
MP Materials, which has the only operational rare earths mine in the U.S., has drawn interest as a challenger to China's ...
MP Materials and Apple have come to an agreement that will result in $500 million in compensation. The United States ...
Shares of USA Rare Earth stock are down 7.1% through 1:55 p.m. ET Wednesday, and the reason is simple: USA Rare Earth is not ...
Apple commits $500 million to MP Materials to boost U.S.-made rare earth magnets, strengthen supply chains, and advance American manufacturing and recycling technologies.