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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 ...
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time ...
Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, ...
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
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 announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares ...
6don MSN
Apple is pre-bunkering against China with its $500 million deal to buy American rare-earth magnets
Apple’s deal with MP Materials is more than just a supply-chain strategy. It's a geopolitical insurance policy.
American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said ...
The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.
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