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

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.

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Apple in $500 million rare earth magnet deal with MP to expand US supply chain

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Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier

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Apple Drops $500 Million on Rare Earth Magnets—Why iPhones Depend on Them

The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.

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Apple's latest message to Trump: We're buying American magnets

Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, ...

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