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Apple Inks $500M Deal With the Only US Rare Earth Miner

Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple is investing $500 million in the mining company MP Materials to secure a domestic supply of rare earth magnets for its devices.

Observer · 1h

Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War

· 1d · on MSN

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

· 2d

MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.

Shares of MP Materials Corp. were up nearly 25% and headed for a new high on Tuesday after the rare-earths producer struck a deal with a major, notable partner — the latest sign that U.S. tech compani...

Marketplace · 1d

Department of Defense directly invests in U.S.-based rare earth mining company

· 1d

Apple just spent $500 million to source a material that’s critical for iPhones from the US

· 1d

Apple Strikes $500 Million Deal to Buy Rare Earths From U.S. Supplier

MP will supply Apple with magnets that it produces in a Texas facility, and use recycled materials processed at a site MP will build in California.

E&E · 2d

Apple commits $500M to boost US rare earths, recycling

· 1d

Apple commits $500M to US-based rare-earth recycling firm MP Materials

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 operating in the United States, according to multiple sources familiar with the deal.

14hon 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 announced on Tuesday, in a move that will help Apple onshore a part of its sprawling supply chain.

23hon 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 dominance from investors ranging from the Pentagon to tech giant Apple in recent days.

2don 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, specifically for Apple devices.