Apple Invests $500M in U.S. Rare-Earth Supply for iPhones
Apple commits $500 million to MP Materials for U.S.-made rare-earth magnets and recycling—boosting America’s tech supply amid China tensions. Apple Just Spent $500 Million to Source a Material Critical for iPhones — From the US July 15, 2025 — In a strategic move to reinforce its U.S. supply chain, Apple has invested $500 million in MP Materials—America’s leading rare-earth producer—to … Read more