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Apple Invests $500 Million in MP Materials to Strengthen U.S. Supply Chain for Rare Earth Elements
3 week ago /
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Author：小编
Bloomberg reported on Tuesday, September 15th, that Apple has inked a long-term cooperation agreement worth $500 million with MP Materials, a leading American rare earth mining company. Under the terms of this agreement, Apple will procure essential rare earth materials within the United States for the manufacture of its consumer products, including iPhones. This strategic move underscores Apple's commitment to enhancing the localization of its supply chain and mitigating its reliance on China, while also reflecting the broader trend of strategic resource realignment amidst ongoing U.S.-China trade tensions.
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