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Apple Drops $500 Million on Rare Earth Magnets

Apple is pre-bunkering against China with its $500 million deal to buy American rare-earth magnets

Apple just announced a $500 million commitment to MP Materials, the only fully integrated rare-earth producer in the United States.

Recycling Today · 9h

MP Materials to collaborate with Apple on rare earth elements recycling

· 21h · on MSN

Apple cuts a deal for recycling rare earth magnets in the US

· 19h

Pentagon to keep working with US rare earths projects, US defense official says

The U.S. Department of Defense plans to continue working with rare earths companies to ensure diverse American supply of the critical minerals used across the economy, a defense official told Reuters...

· 21h

MP Materials Stock Jumps 25%. How Apple Gave It a Huge Boost.

· 1d

Apple Announces $500 Million Commitment to Buying American Magnets

· 20h

America's Only Rare Earth Producer Gets a Boost From Apple and Pentagon Agreements

Neha Mukherjee, a rare earths analyst with Benchmark Mineral Intelligence, said in a research note that the Pentagon's 10-year promise to guarantee a minimum price for the key elements of neodymium a...

· 18h

Apple inks $500 million rare earth magnet deal to bring supply back to US

· 1d

Rare earths miner taps seam of US government largesse

11hon MSN

Fort Worth factory to produce magnets for Apple products in new $500 million partnership

Apple has committed to investing hundreds of millions of dollars with a company that manufactures rare earth magnets in Fort Worth. The $500 million, five-year agreement means Cupertino, California-based Apple will buy rare earth magnets from MP Materials,

22h

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 name in consumer technology.