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Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that ...
Apple has announced a $500 million investment in MP Materials, a rare earth mining company based in the US. With the deal, ...
10hon MSN
Apple’s deal with MP Materials is more than just a supply-chain strategy. It's a geopolitical insurance policy.
Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from ...
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently ...
American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said ...
The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.
The tech giant will help build a recycling plant at the nation's only operating rare earths mine in California.
Apple announced a $500 million deal with MP Materials for the development of a recycling facility and rare earth magnets to ...
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time ...
The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...
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 ...
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