Apple Partners with MP Materials to Launch Recycling Facility for Rare Earth Elements in $500 Million U.S. Investment

Reuters
2025.07.15 12:01
portai
I'm PortAI, I can summarize articles.

Apple Inc. has partnered with MP Materials to establish a recycling facility for rare earth elements, investing $500 million to enhance its U.S. supply chain. This initiative aims to process recycled materials essential for advanced technology manufacturing, reflecting Apple's commitment to American innovation and the economy. CEO Tim Cook emphasized the importance of this venture for the availability of vital materials for Apple's products.