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MP Materials to supply Apple with US-made rare earth magnets

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.

D Magazine · 2h

Apple, MP Materials Agree to $500 Million Partnership to Produce Recycled Rare Earth Magnets in Fort Worth

Plus: Tailwater Capital secures $250 million commitment for its upstream strategy and True North Advisors acquires California-based Blue Investment Partners.

Reuters on MSN · 2d

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.

3d

Apple Announces $500 Million Commitment to Buying American Magnets

Apple today announced a $500 million multi-year commitment to buying American-made rare earth magnets developed by MP ...

3don 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 ...

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