Apple has signed a $500 million deal with MP Materials, a rare earth producer backed by the U.S. Department of Defense, to secure a domestic supply of critical magnets essential for iPhone production.
LONDON/BEIJING, Aug 26 (Reuters) - Prices of two rare earth elements needed for super-strong magnets have surged to their highest in more than two years after U.S. miner MP Materials (MP.N), opens new ...
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