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flag Apple invests $500M in US rare earths to secure magnet supply, reduce China dependence.

flag Apple has committed $500 million to partner with US rare earth company MP Materials to produce magnets for its products and develop recycling facilities. flag This move aims to secure a domestic supply chain and reduce reliance on foreign suppliers, particularly China. flag The partnership includes plans to establish a recycling line in California and expand production in Texas. flag Apple seeks to ensure control over the quality and availability of rare earth magnets needed for its devices, like iPhones and MacBooks.

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