News

Apple inks $500 million raw materials deal to boost US supply chain
The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...
Apple invests $500M in Fort Worth rare earth magnet production, boosting US manufacturing
Apple's bold move to secure domestic rare earth magnets may have ripple effects across multiple industries, from smartphones ...
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 ...
Blazing Cat Fur48m
America’s Biggest Rare-Earth Producer Makes a Play to End China’s Dominance
In recent months, China has used its chokehold over 90% of the world’s rare-earth magnets to cut off access to Western ...
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 ...
India Today1h
Apple signs $500 million rare Earth deal With Pentagon-backed MP Materials
Apple has signed a $500 million deal with MP Materials for China-free rare earth magnets, strengthening US supply chains after Chinese export curbs and boosting Pentagon-backed MP’s market position.