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

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.

· 1d · on MSN

Apple in $500 million rare earth magnet deal with MP to expand US supply chain

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Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier

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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 · 18h

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

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Pentagon to keep investing in US critical minerals projects, defense official says

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

The materials will be delivered throughout the United States and around the world.

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Apple Announces $500 Million Commitment to Buying American Magnets

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Why Ramaco Says It Can Beat Its Government-Backed Rival For Rare Earth Supremacy

2hon 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.

1don 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.

11hon 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.

Apple strikes $500M deal to source rare-earth materials from Fort Worth facility

MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest name in consumer technology.

1don 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.