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Posted by
Two Blokes Jul 15 -
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Apple Inc (NASDAQ:AAPL, ETR:APC) is reportedly set to invest $500 million in MP Materials, the operator of the only rare earths mine in the United States, according to Fox Business. The announcement follows MP Materials' recent multibillion-dollar agreement with the US government aimed at increasing domestic production of rare earth magnets, crucial for electric vehicles, electronics, and defence applications.
