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The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically ...
Apple has announced a major investment of 500 million dollars in a long-term partnership with the American company MP ...
The post Apple Teams Up with MP Materials in a $500M Push for American Innovation appeared first on Android Headlines.
Apple secured a $500 million deal with MP Materials for U.S.-made rare earth magnets, reducing reliance on China.
In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
MP Materials inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...
In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment supports the expansion of its processing capacity and the construction of a ...
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
MP Materials shares are trading lower in after-hours Wednesday after the company announced a proposed public offering.
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the ...
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