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In a $500 million partnership with Apple, MP Materials will significantly expand the capacity of its Fort Worth, Texas, factory to supply recycled rare earth magnets for hundreds of millions of ...

In a $500-million partnership with Apple, MP Materials will significantly expand the capacity of its Fort Worth, Texas, factory to supply recycled rare earth magnets.

MP Materials announced a $500 million deal with Apple to supply recycled rare earth magnets for iPhones and other tech products, according to AP. The deal follows a $400 million Pentagon ...

This first production of recycled rare earth alloy is a critical step in validating HPMS technology at scale and sends a powerful signal for what is to come in the United States.