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The Bull Case For Apple (AAPL) Could Change Following $500M MP Materials Supply Chain Deal - Learn Why
Earlier this month, Apple announced a multiyear, US$500 million commitment with MP Materials to source American-made rare earth magnets, jointly develop a recycling facility in California, and advance innovative magnet-processing technologies as part of its broader US$500 billion U.S. investment pledge.
This move highlights Apple's intent to localize key parts of its supply chain, strengthen sustainability initiatives, and expand domestic advanced manufacturing capabilities.
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