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APPLE has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of the first tech companies to ink a US supply agreement after China curbed ...
Apple is investing $500 million in MP Materials to build a rare-earth magnet recycling facility in California and expand a magnet manufacturing plant in Texas.
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
President Donald Trump will welcome Bahrain Crown Prince Salman bin Hamad Al Khalifa to the White House on Wednesday. It’s ...
Announced on Tuesday, the agreement guarantees Apple a steady flow of rare earth magnets independent of China, which ...
Rare earths company Metallium says the newly announced $500-million partnership between technology giant Apple and rare earths miner MP Materials to recycle rare earth magnets in the US underscores ...
MP Materials +6.2%, Ramaco Resources +10.7%, and USA Rare Earth +7.8% pre-market, a day after Apple reached a $500M deal to ...
The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.
"MP Materials to supply Apple with US-made rare earth magnets in 2027" was originally created and published by Mining Technology, a GlobalData owned brand.
Apple has signed a $500 million deal with MP Materials to secure a long-term supply of rare earth magnets, a move aimed at ...
Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that ...
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon ...