Apple is doubling down on its U.S. 
manufacturing ambitions with a bold $500 million deal alongside MP Materials. The tech titan plans to supercharge rare earth magnet production and build a next-gen recycling facility-right in the heart of America.
This move is part of Apple’s ongoing pledge to invest $500 billion into the U.S. economy over four years. The partnership with MP Materials isn’t just about dollars-it’s about independence. By sourcing and producing rare earth magnets domestically in Fort Worth, Texas, Apple is taking strategic steps to reduce reliance on foreign supply chains, particularly China.
Beyond raw materials, Apple and MP Materials will also open a cutting-edge recycling line at Mountain Pass, California. This facility will recover rare earth elements from used Apple devices and funnel them back into the production cycle. It’s a win for sustainability and tech innovation alike.
Neodymium magnets-crucial for everything from iPhones to MacBooks-will be a primary focus. The plan includes new product lines designed exclusively for Apple’s hardware. Jobs in advanced manufacturing and R&D are expected to surge as the project ramps up.
Apple CEO Tim Cook emphasized the company’s deepening commitment: “American innovation drives everything we do at Apple. This partnership strengthens our domestic supply of rare earth materials and supports the creative spirit of American workers.”
Since 2019, Apple has led the charge in using recycled rare earth materials, starting with the iPhone 11’s Taptic Engine. Today, nearly all Apple magnets are recycled. This new investment pushes the frontier further, building a circular supply chain and fueling local industry growth.
Amid ongoing government pressure to bring tech manufacturing back home, Apple’s move aligns with both environmental goals and national security interests. The company is proving that it’s not just talking the talk-it’s putting real money into walking the walk.