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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 its ...

Following its commitment to spend more than $500 billion in the U.S., Apple announced a partnership to buy American rare earth magnets.

Apple has signed a $500 million deal with MP Materials, a rare earth producer backed by the U.S. Department of Defense, to secure a domestic supply of critical magnets essential for iPhone production.

Apple says: Today Apple announced a new commitment of $500 million with MP Materials, the only fully integrated rare earth producer in the United States.

As part of its already-announced US manufacturing effort, Apple is committing $500 million to a rare earth recycling firm, to develop new materials that it will use in future devices including the ...

Apple has committed $500 million over several years to buy US-made rare earth magnets. This is a partnership with US Materials.

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 U.S. supply agreement ...

The company has reportedly promised to commit $500 million in US rare earth supplies for iPhones, iPads, Macs — and everything else.