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Apple has announced a $500 million investment in MP Materials, the only fully integrated rare-earth mining company in operation in the United States. This investment is part of Apple’s broader effort to strengthen the domestic rare-earth supply chain.
## Partnership for American-made rare-earth magnets
With this deal, Apple has committed to purchasing American-made rare-earth magnets produced at MP Materials’ flagship facility in Fort Worth, Texas. The facility will manufacture neodymium magnets specifically designed for Apple products.
## Addressing global demand
Once produced, these American-made magnets will be distributed globally to meet the increasing demand for rare-earth materials. Additionally, Apple and MP Materials will collaborate on establishing a rare-earth recycling line in Mountain Pass, California. This facility will process recycled rare-earth feedstock from used electronics and post-industrial scrap for reuse in Apple products.
## Innovation and sustainability
The collaboration between Apple and MP Materials will also focus on developing new magnet materials and processing technologies to improve magnet performance. This commitment aligns with Apple’s goal to invest over $500 billion in the U.S. over the next four years.
Apple’s use of recycled rare-earth elements in its devices dates back to 2019, with the Taptic Engine in the iPhone 11. Today, nearly all magnets in Apple devices are made using 100% recycled rare-earth elements.
