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Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, President Trump proposed annexing Greenland, an autonomous Danish territory estimated to contain $4.4 trillion worth of rare earth reserves. Vice President JD Vance made a surprise visit in support of the plan.
Apple inks $500 million rare earth magnet deal to bring supply back to US
Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after China curbed exports earlier this year.
3don MSN
China's exports growth beat expectations in June as businesses continued to divert shipments to non-U.S. markets while ...
This comes after China had earlier in April imposed tighter export controls on rare earth magnets — critical components for ...
Japan and the European Union will consider joint public-private partnerships as they look to reduce their reliance on China in areas such as the procurement of rare earths, the Nikkei newspaper ...
Rare earths are key materials for many electric vehicle (EV) parts. China has a dominant position in the global rare earth ...
The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically ...
July 7 (Reuters) - China's export restrictions on rare earths brought parts of the global auto supply chain to a halt and U.S ...
Following talks with the US thought to include reductions in critical mineral export restrictions, China reports 60 per cent ...
China’s exports of rare earths in June climbed to their highest since 2009, according to official data, indicating a push by ...
The Manila Times on MSN2d
Rare earth exports jump 60% in JuneCHINA’S rare earth exports expanded significantly in June, maintaining a growth momentum from the previous month and compared with the same period last year, according to data released by the General ...
China's rare-earth exports expanded significantly in June, maintaining a growth momentum from the previous month and compared ...
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