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Apple, Rare-earth magnet

TechRepublic · 44m

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.

Reuters on MSN · 1d

Apple inks $500 million rare earth magnet deal to bring supply home

Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, one of the first U.S. tech companies to ink an agreement that aims to centralize its supply chain inside the country.

The Associated Press - Busines… · 1d

America's only rare earth producer gets a boost from Apple and Pentagon agreements

MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on Tuesday.

1don MSN

Why Shares of MP Materials Are Ripping Higher Today

A rare-earths producer, MP Materials is developing a rare-earth magnet production facility in Texas. MP Materials and Apple ...

19hon MSN

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

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from ...

1d

Fort Worth factory to produce magnets for Apple products in new $500 million partnership

Apple's latest investment in a company that manufactures rare earth magnets in Fort Worth signals a significant shift in the ...

1don MSN

Apple inks $500 million rare earth magnet deal to bring supply back to US

Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of ...

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