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Apple, MP Materials and rare earth magnets

TechCrunch · 57m

Apple commits $500M to US-based rare-earth recycling firm MP Materials

The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.

MarketWatch on MSN · 2h

MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.

The iPhone maker is committing $500 million to buying rare-earth magnets from the company’s flagship facility in Texas, which Apple is helping to build out.

Fort Worth Star-Telegram on MSN · 2h

MP Materials lands $500 million Apple deal to make magnets in Fort Worth

Apple has committed $500 million to buying recycled rare earth magnets from MP Materials, a mining company with a major manufacturing hub in far north Fort Worth.

3hon MSN

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

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from ...

1d

MP Materials: Contender To Be Top REE Company Outside Of China

MP Materials is America’s only fully integrated rare earth producer with capabilities ranging from mining to end products.

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