The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's largest producer.

Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after China curbed exports earlier this year.

Following its commitment to spend more than $500 billion in the U.S. over the next four years, Apple has announced a partnership with America’s only … The post Apple boosts U.S. supply chain with $500 million rare earth magnet deal appeared first on BGR.