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

Apple is investing $500 million in MP Materials to build a rare-earth magnet recycling facility in California and expand a magnet manufacturing plant in Texas.

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 US supply agreement after China curbed ...