Apple just spent $500 million to source a material that’s critical for iPhones from the US



https://edition.cnn.com/2025/0....7/15/tech/apple-mp-m

Apple just spent $500 million to source a material that’s critical for iPhones from the US | CNN Business
edition.cnn.com

Apple just spent $500 million to source a material that’s critical for iPhones from the US | CNN Business

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically.