Apple invests $500 million in rare earths mine operator MP Materials
Tweet
Share
E-mail
FILE PHOTO: A women uses an iPhone mobile device as she passes a lighted Apple logo at the Apple store at Grand Central Terminal in New York City, U.S., April 14, 2023. REUTERS/Mike Segar/File Photo
(Reuters) -Apple said on Tuesday it would invest $500 million into rare earths mine operator MP Materials, as the iPhone maker seeks to localize its mineral supply chain.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Anil D'Silva)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Brush fire in Nevada grows to over 10,500 acres
- Alibaba proposes Hong Kong share placement worth $10 billion
- Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
