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Apple, Rare-earth magnet

Fox Business on MSN · 2d

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.

Bloomberg · 2d

Apple to Buy Rare Earths From Pentagon-Backed US Producer MP

Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last week secured backing from the Pentagon.

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.

2d

Apple strikes $500M deal to source rare-earth materials from Fort Worth facility

MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...

1d

Apple is spending $500 million in government-backed rare minerals program

Currently, the U.S. lags behind China in the production of these materials, easily the world’s biggest miner of them. This ...

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