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Apple has inked a $500 million deal with the operator of a Texas-based mine producing rare earth materials used to build iPhones and other hardware – a move that comes as CEO Tim Cook’s firm looks to ...
MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares ...
The tech giant will help build a recycling plant at the nation's only operating rare earths mine in California.
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...
The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.
Apple on Tuesday is expected to announce a $500 million commitment to MP Materials, the operator of the only U.S. rare earths mine, Fox Business reported on Tuesday, citing multiple sources familiar ...
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Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling facility for rare Earth elements.
Magnet shipments from the MP Materials facility in Fort Worth, Texas are expected to begin in 2027 and ramp up to support ...
Apple said on Tuesday it would invest $500 million into rare earths mine operator MP Materials, as the iPhone maker seeks to ...
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 ...
Apple said on Tuesday it would invest $500 million into rare earths mine operator MP Materials, as the iPhone maker seeks to localize its mineral supply chain.