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

Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple is investing $500 million in the mining company MP Materials to secure a domestic supply of rare earth magnets for its devices.

· 15h · on MSN

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

GlobalData on MSN · 12h

MP Materials to supply Apple with US-made rare earth magnets in 2027

· 1d

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...

Marketplace · 8h

Department of Defense directly invests in U.S.-based rare earth mining company

· 1d

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

· 1d

Apple just spent $500 million to source a material that’s critical for iPhones from the US

The materials will be delivered throughout the United States and around the world.

· 1d

Apple Announces $500 Million Commitment to Buying American Magnets

· 21h

Why Ramaco Says It Can Beat Its Government-Backed Rival For Rare Earth Supremacy

1don MSN

Apple commits $500M to U.S.-based rare earth recycling firm MP Materials

The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.

Why USA Rare Earth Stock Gave Up Some Gains Today

Shares of USA Rare Earth stock are down 7.1% through 1:55 p.m. ET Wednesday, and the reason is simple: USA Rare Earth is not MP Materials. Not even close.

23hon MSN

America’s only rare earth producer gets a boost from Apple and Pentagon agreements

MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on Tuesday to produce more of the powerful magnets used in iPhones as well as other high-tech products like electric vehicles.