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Apple Inks $500M Deal With the Only US Rare Earth Miner

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.

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Apple Drops $500M to Source Rare Earth Materials From U.S. Supplier

Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War

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

The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.

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

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

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

The investment is part of a broader push to bring the production of its coveted iPhones to the United States and boost U.S. manufacturing amid a push from the Trump administration to cut reliance on ...

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

MP Materials rips to all-time high after $500M deal that ensures Apple supply apart from China

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Apple Drops $500 Million on Rare Earth Magnets—Why iPhones Depend on Them

The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.

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Apple's latest message to Trump: We're buying American magnets

Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, specifically for Apple devices.