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Apple Invests $500 Million in U.S. Rare-Earth Supply Chain

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.

TechRepublic · 13h

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.

1d

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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