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 - 09:00
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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.

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