Apple, MP Materials Announce $500 Million Deal to Expand US Rare-Earth Supply Chain

Apple, MP Materials Announce $500 Million Deal to Expand US Rare-Earth Supply Chain

This article was originally published  by The Epoch Times: Apple, MP Materials Announce $500 Million Deal to Expand US Rare-Earth Supply Chain Apple and MP Materials announced on July 15 a $500 million deal to expand the nation’s only rare-earth processing plant, supporting the production of recycled magnets that will help power Apple smartphones and other devices. Under the agreement, MP Materials will supply Apple with magnets manufactured at …