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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 ...
Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a ...
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently ...
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...
Following its commitment to spend more than $500 billion in the U.S., Apple announced a partnership to buy American rare ...
MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said ...
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that ...
The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.
Apple has committed $500 million over several years to buy US-made rare earth magnets. This is a partnership with US Materials.