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MP Materials to supply Apple with US-made rare earth magnets

SFGATE on MSN · 1h

Apple just signed a $500M deal with the owner of a one-of-a-kind California mine

The Cupertino tech giant has inked a $500 million deal with Mountain Pass' owner and operator MP Materials, the two companies announced on Tuesday, in a move that will help Apple onshore a part of its sprawling supply chain.

New York Post on MSN · 1d

Apple inks $500M deal with US-based rare-earth mine operator MP Materials

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

Wall Street Journal · 1d

Apple Strikes $500 Million Deal to Buy Rare Earths From U.S. Supplier

Apple said it would buy $500 million worth of rare-earth magnets from MP Materials, expanding its U.S. supply chain at a time the Trump administration has been pressuring it to do so. MP will supply A

2hon MSN

This Company Used To Be Obscure. Now Apple and the DOD Are Buying In

Key Takeaways MP Materials' Mountain Pass, Calif., facility, the only operational rare earths mine in the U.S., and its ...

1don MSN

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 ...

6h

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 ...

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 invests $500 million in rare earths mine operator MP Materials

Apple said on Tuesday it would invest $500 million into rare earths mine operator MP Materials , as the iPhone maker seeks to ...

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