Apple is investing $500 million in U.S.-based rare earth mining company, MP Materials, to strengthen the domestic supply chain and boost magnet manufacturing.

Apple is putting $500 million into a new project with MP Materials to recycle rare earth magnets—think the tiny but powerful parts inside your iPhone and MacBook—at a facility in California. This move ...

Apple has made a $500 million commitment to purchase recycled rare-earth magnets from MP Materials, the companies announced ...

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

Apple on Tuesday is expected to announce a $500 million commitment to MP Materials, the operator of the only U.S. rare earths mine, Fox Business reported on Tuesday, citing multiple sources familiar ...

Shares of MP Materials are surging in early trading Tuesday after Apple said it would invest $500 million in the owner of the ...

MP has said it's on track to begin producing automotive-grade, sintered neodymium-iron-boron (NdFeB) magnets at its first rare-earth magnet plant in Texas later this year. General Motors GM is MP's ...

However, underlying U.S. inflation rose in June by less than expected for a fifth month, as lower car prices helped offset ...

Apple has made a $500 million commitment to purchase rare earth magnets from MP Materials’ flagship facility in Fort Worth, ...

Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States,” said Apple Chief Executive ...

Shares of MP Materials (NYSE:MP) surged 8% in premarket trading Tuesday after reports emerged that Apple (NASDAQ:AAPL) is ...

Apple announced a $500 million, multiyear  deal with MP Materials to launch a new recycling facility in California for producing vital rare earth magnets used in many types of electronics, inc | Apple ...