Apple and miner MP Materials are joining forces in a $500 million deal to develop a rare earth magnets recycling facility

 

https://www.cnbc.com/2025/07/15/apple-mp-materials-magnets-rare-earths.html

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  Apple and miner MP Materials are joining forces in a $500 million deal to develop a rare earth magnets recycling facility.
• The agreement is part of Apple’s $500 billion pledge to onshore production.
• Rare earth magnets are key components used in consumer electronics, cars and renewable energy systems.