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

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.

· 18h · on MSN

Apple in $500 million rare earth magnet deal with MP to expand US supply chain

· 1d · on MSN

Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier

· 1d

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.

· 1d

Apple to Buy Rare Earths From Pentagon-Backed US Producer MP

Marketplace · 11h

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

The materials will be delivered throughout the United States and around the world.

· 1d

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

· 1d

Apple Announces $500 Million Commitment to Buying American Magnets

1hon 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.

3hon MSN

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

MP Materials, which has the only operational rare earths mine in the U.S., has drawn interest as a challenger to China's dominance from investors ranging from the Pentagon to tech giant Apple in recent days.

1don MSN

Apple backs Trump rare earth minerals push, invests $500M in US mine

EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the deal.