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Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.
The iPhone maker is committing $500 million to buying rare-earth magnets from the company’s flagship facility in Texas, which ...
Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of ...
The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.
Apple has announced a $500 million investment in MP Materials, a rare earth mining company based in the US. With the deal, ...
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time ...
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon ...
However, it’s not just the government rushing to ensure rare earth supply. Apple (NASDAQ: AAPL) has one-upped the Pentagon by ...
Following its commitment to spend more than $500 billion in the U.S., Apple announced a partnership to buy American rare ...
US-based rare earth producer MP Materials has entered into a definitive, long-term agreement with tech giant Apple to supply ...