Apple inks $500m deal for rare earth magnets with US mining firm

theguardian.com/technology/2025/jul/16/apple-us-mining-deal-magnets

China supplies most rare earth magnets to electronics manufacturers, but curbed exports earlier this year
Apple has signed a $500m deal with a US firm for rare earth magnets, essential for manufacturing electronics, after China curbed exports of the scarce, vital materials.
The backing…

This story appeared on theguardian.com, 2025-07-16 12:57:10.
The Entire Business World on a Single Page. Free to Use →