Apple is pre-bunkering against China with its $500 million deal to buy American rare-earth magnets

fortune.com/2025/07/15/apple-mp-materials-rare-earth-deal-china

Apple just announced a $500 million commitment to MP Materials, the only fully integrated rare-earth producer in the United States.
The multiyear deal, which includes a $200 million upfront payment, will see Apple source American-made rare-earth magnets from MP’s new manufacturing lines…

This story appeared on fortune.com, 2025-07-15 15:28:10.
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