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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.

· 23h · on MSN

Apple inks $500 million rare earth magnet deal to bring supply back to US

· 15h · on MSN

America’s only rare earth producer gets a boost from Apple and Pentagon agreements

· 1d

MP Materials Stock Jumps 25%. How Apple Gave It a Huge Boost.

Apple has made a $500 million commitment to purchase recycled rare-earth magnets from MP Materials, the companies announced Tuesday.

· 1d

Apple Announces $500 Million Commitment to Buying American Magnets

· 1d

Apple to pour $500M into US rare earth supply for iPhones

· 1d

America's Only Rare Earth Producer Gets a Boost From Apple and Pentagon Agreements

Neha Mukherjee, a rare earths analyst with Benchmark Mineral Intelligence, said in a research note that the Pentagon's 10-year promise to guarantee a minimum price for the key elements of neodymium a...

· 1d

Apple just spent $500 million to source a material that’s critical for iPhones from the US

· 20h

Why Ramaco Says It Can Beat Its Government-Backed Rival For Rare Earth Supremacy

17mon MSN

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

Key Takeaways MP Materials' Mountain Pass, Calif., facility, the only operational rare earths mine in the U.S., and its magnet plant in Fort Worth, Texas, have drawn interest 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.