MP Materials Secures Landmark Deals with Apple and Pentagon, Bolstering US Rare Earth Supply Chain
MP Materials Secures Landmark Deals with Apple and Pentagon, Bolstering US Rare Earth Supply Chain MP Materials, the sole operator of America’s rare earth mine, has announced two significant agreements poised to reshape global supply chains. A new $500 million deal with tech titan Apple will boost the production of powerful magnets essential for iPhones and electric vehicles. This follows last week’s revelation that the U.S. Defense Department committed a $400 million investment in the Las Vegas-based company, establishing a…