Apple signs a $500M deal to buy rare&earth minerals from US producer MP, which secured Pentagon backing last week, as it seeks to cut its reliance on China (Carlos Caminada/Bloomberg)

Carlos Caminada / Bloomberg: Apple signs a $500M deal to buy rare-earth minerals from US producer MP, which secured Pentagon backing last week, as it seeks to cut its reliance on China  —  Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last week secured backing from the Pentagon.

Jul 15, 2025 - 20:03
Apple signs a $500M deal to buy rare&earth minerals from US producer MP, which secured Pentagon backing last week, as it seeks to cut its reliance on China (Carlos Caminada/Bloomberg)
Carlos Caminada / Bloomberg: Apple signs a $500M deal to buy rare-earth minerals from US producer MP, which secured Pentagon backing last week, as it seeks to cut its reliance on China  —  Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last week secured backing from the Pentagon.