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News

Apple Inks $500M Deal With the Only US Rare Earth Miner

TechRepublic · 1d
Apple Invests $500M to Secure US Supply of Rare Earth Magnets
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.
NBC Los Angeles · 2d
MP Materials stock rips 20% higher after $500 million Apple deal for rare earth magnets
American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said Apple CEO Tim Cook.
Observer · 6h
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.
Mining Weekly
2d
MP Materials to supply Apple with 100% recycled rare earth magnets
NYSE-listed MP Materials signed a long-term agreement to supply technology giant Apple with rare earth magnets manufactured ...
2don MSN
America’s only rare earth producer gets a boost from Apple and Pentagon agreements
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...

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