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Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, President Trump proposed annexing Greenland, an autonomous Danish territory estimated to contain $4.4 trillion worth of rare earth reserves. Vice President JD Vance made a surprise visit in support of the plan.
MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon ...
Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, one of the first U ...
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