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Apple Invests in Rare-Earth Magnet Manufacturing and Recycling in US

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Today, 11:10 AM by Rich Brome @rbrome.bsky.social

Apple has made a $500 million deal with MP Materials to expand the manufacturing of rare-earth (neodymium) magnets for Apple products in Texas. "The two companies will also work together to establish a cutting-edge rare earth recycling line in Mountain Pass, California, and develop novel magnet materials and innovative processing technologies to enhance magnet performance." MP Materials is the only fully integrated rare earth producer in the United States. The new recycling line will take in material from used electronics, among other sources. Apple started using recycled rare earth elements in 2019, and today "nearly all magnets across Apple devices are made with 100 percent recycled rare earth elements."

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