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News

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

Digest more
 · 3d
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.

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 · 4d · on MSN
Apple in $500 million rare earth magnet deal with MP to expand US supply chain
 · 4d · on MSN
Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier
4don MSN
Apple Drops $500 Million on Rare Earth Magnets—Why iPhones Depend on Them
The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.
4don 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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