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News

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

TechRepublic · 2d
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.
Reuters on MSN · 3d
Apple in $500 million rare earth magnet deal with MP to expand US supply chain
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth.
The Wall Street Journal on MSN · 4d
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.
3don MSN
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.
4don MSN
Why USA Rare Earth Stock Is Soaring Higher (Again) Today
As of 11:13 a.m. ET, shares of USA Rare Earth are up 25.4%. While USA Rare Earth didn't have anything to report today, one of ...

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