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Apple Invests $500 Million in U.S. Rare-Earth Supply Chain

Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple is investing $500 million in the mining company MP Materials to secure a domestic supply of rare earth magnets for its devices.

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· 1d · on MSN

Apple inks $500 million rare earth magnet deal to bring supply back to US

· 1d · on MSN

Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier

Watch These MP Materials Price Levels After Apple, DOD Investments Send Stock Soaring

MP Materials shares remain in focus after soaring 20% yesterday on news that Apple plans to invest $500 million in the rare earths firm, news that came just days after the Department of Defense took ...

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Department of Defense directly invests in U.S.-based rare earth mining company

Apple just spent $500 million to source a material that’s critical for iPhones from the US

Apple Announces $500 Million Commitment to Buying American Magnets

Apple said its commitment will support dozens of new U.S. jobs in manufacturing and R&D.

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Why Ramaco Says It Can Beat Its Government-Backed Rival For Rare Earth Supremacy

Apple to pour $500M into US rare earth supply for iPhones