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Apple backs Trump rare earth minerals push, invests $500M in US mine

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7 hours ago

EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the deal.The agreement includes plans for Apple to purchase American-made rare earth magnets from MP Materials’ Texas facility, marking a "major win" for the Trump administration, according to those familiar with the deal.SENATE REPUBLICAN MOVES TO GIVE US AN EDGE ON CHINA IN HARVESTING MINERALS FOR WEAPONS SYSTEMSThe Trump administration has made rare earth mining and bolstering domestic supply chain...

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7 hours ago
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