{"id":19463,"date":"2025-07-16T13:37:29","date_gmt":"2025-07-16T11:37:29","guid":{"rendered":"https:\/\/costops.com\/index.php\/2025\/07\/16\/apple-inks-500m-deal-for-rare-earth-magnets-with-us-mining-firm\/"},"modified":"2025-07-16T13:37:29","modified_gmt":"2025-07-16T11:37:29","slug":"apple-inks-500m-deal-for-rare-earth-magnets-with-us-mining-firm","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/07\/16\/apple-inks-500m-deal-for-rare-earth-magnets-with-us-mining-firm\/","title":{"rendered":"Apple inks $500m deal for rare earth magnets with US mining firm"},"content":{"rendered":"<p>China supplies most rare earth magnets to electronics manufacturers, but curbed exports earlier this year<\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/technology\/apple\">Apple<\/a> has signed a $500m deal with a US firm for rare earth magnets, essential for manufacturing electronics, after <a href=\"https:\/\/www.theguardian.com\/world\/china\">China<\/a> curbed exports of the scarce, vital materials.<\/p>\n<p>The backing from one of the world\u2019s most valuable companies comes after MP Materials, which operates the only US rare earths mine, last week agreed to a multibillion-dollar deal with the US Department of Defense that will see the Pentagon become its largest shareholder. Both deals are aimed at mitigating supply chain risks after China limited the outgoing supply of rare earths earlier this year in response to <a href=\"https:\/\/www.theguardian.com\/us-news\/donaldtrump\">Donald Trump<\/a>\u2019s sweeping tariffs.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2025\/jul\/16\/apple-us-mining-deal-magnets\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/3e2a11948aefedfb837b71c8f8c3c141f3fce066\/819_0_4393_3515\/master\/4393.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=31a4fd2ac7d2052b9de4fe64bc700974\" title=\"Apple inks $500m deal for rare earth magnets with US mining firm\" \/>China supplies most rare earth magnets to electronics manufacturers, but curbed exports earlier this year<br \/>\nApple has signed a $500m deal with a US firm for rare earth magnets, essential for manufacturing electronics, after China curbed exports of the scarce, vital materials.<br \/>\nThe backing from one of the world\u2019s most valuable companies comes after MP Materials, which operates the only US rare earths mine, last week agreed to a multibillion-dollar deal with the US Department of Defense that will see the Pentagon become its largest shareholder. Both deals are aimed at mitigating supply chain risks after China limited the outgoing supply of rare earths earlier this year in response to Donald Trump\u2019s sweeping tariffs. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China supplies most rare earth magnets to electronics manufacturers, but curbed exports earlier this year Apple has signed a $500m deal with a US firm for rare earth magnets, essential for manufacturing electronics, after China curbed exports of the scarce, vital materials. The backing from one of the world\u2019s most valuable companies comes after MP &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2025\/07\/16\/apple-inks-500m-deal-for-rare-earth-magnets-with-us-mining-firm\/\"> <span class=\"screen-reader-text\">Apple inks $500m deal for rare earth magnets with US mining firm<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":19464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/19463"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=19463"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/19463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/19464"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=19463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=19463"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=19463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}