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News

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

TechRepublic · 10h
Apple Invests $500M to Secure US Supply of Rare Earth Magnets
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.
BGR on MSN · 1d
Apple boosts U.S. supply chain with $500 million rare earth magnet deal
Following its commitment to spend more than $500 billion in the U.S. over the next four years, Apple has announced a partnership with America’s only … The post Apple boosts U.S. supply chain with $500 million rare earth magnet deal appeared first on BGR.
The Wall Street Journal on MSN · 1d
Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time when President Trump has pressured Apple to do so.
6don MSN
Nintendo’s Use of a Rare-Earth Magnet for the Switch 2 Could Expose It to China’s Whims
Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, ...
Yahoo Finance16d
Rare earth magnet users jolted into paying premium prices for ex-China ...
LONDON/SEOUL (Reuters) -For years, Rahim Suleman had reached out repeatedly to automakers and other potential clients to market the rare earth magnets from the plant his company was building in ...

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