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Mac RumorsJul 15, 2025
Apple Announces $500 Million Commitment to Buying American Magnets
Apple today announced a $500 million multi-year commitment to buying American-made rare earth magnets developed by MP Materials, at a state-of-the-art factory in Fort Worth, Texas. Apple said the commitment is part of its overall pledge to spend more than $500 billion in the U.S. within the next four years, which it announced in February.

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