Apple Drops $500 Million on Rare Earth Magnets
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For the first time in more than 70 years, a rare earth minerals mine broke ground in the United States last Friday. The Brook Mine, owned by Ramaco Resources, near Sheridan, Wyoming, is also the first new coal mine in the state to have opened in decades.
The continent wants to reduce the risks of depending so heavily on China for the valuable minerals. The question is how.
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the deal.
As rare earth supply chains are disrupted by tariffs and other trade barriers with China, e-waste recycling is growing as a solution to metals shortages.
China Northern Rare Earth and Inner Mongolia Baotou Steel Union — two of China's top rare earth producers — announced a price hike for third-quarter 2025 rare earth concentrates to CNY19,109 (approx.
While the area has traditionally been renowned for livestock, today the region embodies the stranglehold that China has over the supply of rare earth elements, as it is home to one of the world’s largest reserves of rare earth elements,
1don MSN
China's exports growth beat expectations in June as businesses continued to divert shipments to non-U.S. markets while shunning the U.S. despite a tariff reprieve.
Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, according to a teardown.