MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.

USA Rare Earth, Inc. USAR +23.5% + Free Alerts is another U.S.-based company involved in the mining, processing and supply of rare earth elements and other critical minerals. Founded in 2019 and headquartered in Stillwater, Oklahoma, USARE is working to develop a vertically integrated domestic supply chain for rare earth element magnet production.

The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.

India is making efforts to diversify its supply on rare earth materials and also establish a robust framework for self-reliance in the critical minerals, which are crucial for the clean energy technology and for electronics sector,

Initiation of the USD$18.4 million DOD Phase 2 award for the scale-up of its Louisiana commercial rare earth refining complex.Successful separation of terbium and dysprosium - critical heavy rare earth elements ("HREEs") - further to its US DoD Phase 1 project,

As part of its already-announced US manufacturing effort, Apple is committing $500 million to a rare earth recycling firm, to develop new materials that it will use in future devices including the iPhone.

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.

Many modern devices—from cellphones and computers to electric vehicles and wind turbines—rely on strong magnets made from types of minerals called rare earths. As the systems and infrastructure used in daily life have turned digital and the United States has moved toward renewable energy,

The company behind what could become Wyoming’s first new coal mine in decades is kicking off a major initiative extract rare earth elements from coal. These critical minerals are essential for everything from smartphones to military equipment.