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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 ...
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently ...
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time ...
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 is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...
American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said ...
8don MSN
Apple’s deal with MP Materials is more than just a supply-chain strategy. It's a geopolitical insurance policy.
The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.
Apple has inked a $500 million deal with the operator of a Texas-based mine producing rare earth materials used to build iPhones and other hardware – a move that comes as CEO Tim Cook’s firm looks ...
Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that ...
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