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Started By
Message
Apple backs Trumps rare earth minerals push, invests $500 million in U.S. mine
Posted on 7/15/25 at 8:55 am
Posted on 7/15/25 at 8:55 am
Posted on 7/15/25 at 9:12 am to Major Dutch Schaefer
quote:
MP last week agreed to a multibillion-dollar deal with the US Department of Defence to boost output of rare earth magnets and help loosen China’s market control.
The agreement includes plans for Apple to purchase US-made rare earth magnets from MP Materials’ Texas facility. It would be the first supply deal for MP’s magnets since the financial backstop agreement with Washington.
MP already produces mined and processed rare earths and has said it expects to start commercial magnet production in its Texas facility by the end of this year.
The two companies would build another factory in Texas to produce magnets and a new recycling facility in Mountain Pass, California, near the company’s existing mine.
Posted on 7/15/25 at 9:14 am to LegendInMyMind
I’m going to love the mental gymnastics liberals will do on this.
We either let slaves in Africa or China mine these minerals to their deaths so we don’t have to do it over here… or we do it over here with less exploitation but you know “climate bad”
We either let slaves in Africa or China mine these minerals to their deaths so we don’t have to do it over here… or we do it over here with less exploitation but you know “climate bad”
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