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

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.

Observer · 3h

Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War

· 1d · on MSN

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

· 2d

Apple commits $500 million over several years to buy US-made rare earth magnets

Apple just announced a commitment of $500 million over several years to buy rare earth magnets from the US-based company MP Materials.

Marketplace · 1d

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

· 1d

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

· 1d

Pentagon to Keep Working With US Rare Earths Projects, US Defense Official Says

The Pentagon "is looking forward to continue working with companies across the (rare earths) supply chain to ensure that DoD and the nation have the secure and resilient supply chains necessary to se...

· 2d

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

· 1d

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

12hon 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.

7hon MSN

Apple Teams Up with MP Materials in a $500M Push for American Innovation

Apple has signed a deal worth $500 million with MP Materials, the only rare earth producer of the United States.

21hon MSN

This Company Used To Be Obscure. Now Apple and the DOD Are Buying In

Key Takeaways MP Materials' Mountain Pass, Calif., facility, the only operational rare earths mine in the U.S., and its magnet plant in Fort Worth, Texas, have drawn interest from investors ranging from the Pentagon to tech giant Apple in recent days.

2don 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.