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MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest ...
The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.
Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically.
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Interesting Engineering on MSNApple invests $500M to supercharge US rare earth magnet manufacturing and recyclingApple invests $500M in MP Materials to secure US-made rare earth magnets and boost advanced recycling technologies.
Magnificent seven technology company Apple has announced a US$500 million partnership with MP Materials, which operates the ...
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