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News

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

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.
Observer · 22h
Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, President Trump proposed annexing Greenland, an autonomous Danish territory estimated to contain $4.4 trillion worth of rare earth reserves. Vice President JD Vance made a surprise visit in support of the plan.
The Wall Street Journal on MSN · 2d
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
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 ...
3don MSN
Apple's latest message to Trump: We're buying American magnets
Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, ...

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