Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...

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MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...

Magnet shipments from the MP Materials facility in Fort Worth, Texas are expected to begin in 2027 and ramp up to support ...

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 ...

Technology giant Apple Inc. (NASDAQ: AAPL) has secured a $500 million agreement with MP Materials (NYSE: MP), America’s sole integrated rare earth ...

Fort Worth company owning the only rare earth magnet manufacturing plant in the U.S. is being courted to the tune of millions of dollars.

Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling facility for rare Earth elements.

MP Materials aims to deliver US-made, recycled magnets by 2027 Apple has signed a deal with the only active rare earth mine under American control to begin sourcing magnets for its iDevices from the ...

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