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Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...
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Under the agreement, Apple will purchase US-made rare earth magnets from MP Materials’ flagship facility in Fort Worth, Texas ...
The $500 million, five-year agreement means Cupertino, California-based Apple will buy rare earth magnets from MP Materials, which produces the magnets at a factory in north Fort Worth. The deal is ...
Apple’s deal with MP Materials is more than just a supply-chain strategy. It's a geopolitical insurance policy.
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on Tuesday to produce more of the powerful magnets used in iPhones as well as ...
The tech giant will help build a recycling plant at the nation's only operating rare earths mine in California.
The eVTOL maker has already delivered its first air taxi to the United Arab Emirates, with plans to launch service in the region next year.
Chapman University has named Jessica Berger its next executive vice president and chief advancement officer following a ...
MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares ...
MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
Earlier this year, Apple pledged a $500 billion investment in the United States over the next four years. Now, the company is further expanding that pledge with a $500 million plan to “launch an ...