Apple Inc. signs $500 million deal with MP Materials to secure rare earth magnets, reducing reliance on China.

Apple has signed a $500 million deal with MP Materials to secure a long-term supply of rare earth magnets, a move aimed at ...

Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...

Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that ...

MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...

Magnet shipments from the MP Materials facility in Fort Worth, Texas are expected to begin in 2027 and ramp up to support ...

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from ...

The $500 million, five-year agreement means Cupertino, California-based Apple will buy rare earth magnets from MP Materials, which produces the magnets at a factory in north Fort Worth. The deal is ...

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

MP Materials closed +20% on its $500M deal with Apple to develop a recycling line for rare earth materials that will allow MP to reprocess rare earth elements for use in Apple products.

Technology giant Apple Inc. (NASDAQ: AAPL) has secured a $500 million agreement with MP Materials (NYSE: MP), America’s sole integrated rare earth ...

In a move that cements the critical importance of rare earth supply chains, MP Materials saw its stock jump over 20% ...