Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War

Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War

Apple and MP Materials are building a $500 million rare earth magnet plant in Texas to reduce U.S. reliance on China for critical tech materials.

Feinberg Brings Wall Street Drive to Rare-Earth Minerals Push

Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a $400 million bet on the US’s only miner of rare-earth elements, a key commodity in the rivalry with China.

The $100 Trillion AI Metal Boom: How Rare Earth Supply Chains Could Reshape Global Technology Infrastructure

NEW YORK, July 17, 2025 (Ecnetnews.com) – In This Article, You’ll Discover: How a newly rediscovered U.S. deposit of rare earth elements like neodymium, gallium, and lithium could contribute to reshoring efforts and reduce global supply chain dependencies. Why these AI-critical metals are essential for powering modern technologies including data centers, EVs, and semiconductors. A comprehensive analysis of domestic production trends, policy i…

DoD Is The Largest Investor In Only American Rare Earth Mineral Mine

The post DoD Is The Largest Investor In Only American Rare Earth Mineral Mine appeared on BitcoinEthereumNews.com. Rare earth and critical minerals are essential to powering today’s modern and digital world getty Under the 1933 Buy American Act and the 1941 Berry Amendment, the United States military is generally required to buy American-made products. The laws further prioritize domestic sourcing for goods, and that products for military use co…

Rare Earth Magnet Maker MP Materials Is Having a Big Week

Spencer Kimball, reporting for CNBC one week ago: The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million of its preferred stock, the company said Thursday. MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California, about 60 miles outside Las Vegas. Proceeds from the Pentagon investment will be used to expand MP's rare earths processing c…