Apple said it will buy $500 million of rare-earth magnets from MP Materials, expanding its U.S. supply chain for a critical element of its devices while under pressure from the Trump administration.

Apple (NASDAQ:AAPL) and MP Materials (NYSE:MP) have signed a US$500 million supply agreement to manufacture rare earth magnets in the US from 100 percent recycled materials. Under the deal, MP will ...

In the first-of-its-kind deal, Apple (AAPL) and MP Materials will launch an all-new recycling facility for processing recycled rare earth elements Apple and MP Materials will build out the ...

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 ...

Apple Invests $500M to Secure US Supply of Rare Earth Magnets Your email has been sent Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on ...

Apple and miner MP Materials are joining forces in a $500 million deal to develop a rare earth magnets recycling facility. The agreement is part of Apple's $500 billion pledge to onshore production.

The collaboration with MP Materials is part of Apple’s previously announced $500 billion infrastructure investment. The collaboration with MP Materials is part of Apple’s previously announced $500 ...

(Reuters) -Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent ...

In the first-of-its-kind deal, Apple and MP Materials will launch an all-new recycling facility for processing recycled rare earth elements CUPERTINO, Calif.--(BUSINESS WIRE)--Today Apple® announced a ...