Chron
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple. The agreement announced Tuesday aims to boost production of magnets used in iPhones, as well as other high tech products like electric vehicles. This follows on the heels of the U.S…
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America’s only rare earth producer gets a boost from Apple and Pentagon agreements
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple. The agreement announced Tuesday aims to boost production of magnets used in iPhones, as well as other high tech products like electric vehicles. This follows on the heels of the U.S…