Search
Apple to Inject $500 Million into Rare Earth Minerals Producer MP Materials
3 day ago /
Read about 0 minute
Author：小编
Apple Inc. is poised to invest a substantial $500 million in MP Materials, the sole American operator of rare earth minerals. MP Materials runs the country's sole rare earth mine, a strategic asset in an increasingly tech-driven world. The partnership entails Apple sourcing rare earth magnets from MP Materials' facility in Texas, establishing a cutting-edge recycling plant in Mountain Pass, California, and envisioning a new factory in Fort Worth, Texas, dedicated to the production and supply of magnets exclusively for Apple devices. As of now, both Apple and MP Materials have remained silent on requests for further comment.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
