Cupertino, CA / Washington, D.C., July 16, 2025 – RKS News
Apple Inc. has announced a strategic $500 million investment in U.S.-based MP Materials, aiming to secure a reliable domestic supply of rare earth elements—crucial components for the production of iPhones and other electronic devices.
The investment comes amid growing pressure for Apple to relocate parts of its supply chain to the United States, a push strongly supported by former President Donald Trump and echoed by broader bipartisan calls for economic and technological self-reliance.
Under the agreement, Apple will purchase rare earth magnets directly from MP Materials, significantly reducing its dependence on Asian supply chains, particularly China, which currently dominates the global market for rare earth processing.
In addition to raw material procurement, the partnership includes the development of a recycling facility in California, where rare earths from old devices will be recovered and reused in the manufacturing of new Apple products—a major step toward sustainability and circular economy practices.
New production facilities in Texas are expected to begin shipments in 2027, with the goal of supporting the manufacturing of hundreds of millions of Apple devices annually.
Apple noted that the initiative will create dozens of new jobs in the U.S. and is part of its broader $500 billion investment plan to expand its American footprint and strengthen supply chain resilience in a shifting geopolitical and economic landscape.