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Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
The slowdown stems from a shortage of dysprosium — a key rare earth metal used in high-performance magnets essential for ...
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...
The Apple vendor said production hasn’t been disrupted. It had begun making AirPods at the India plant in April last year, as ...
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time ...
MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of ...
MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares ...
Apple’s deal with MP Materials is more than just a supply-chain strategy. It's a geopolitical insurance policy.
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...