rare earth magnets

Apple Invests $500M in U.S. Rare Earth Magnet Production to Strengthen Domestic Manufacturing

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Apple Invests $500M in U.S. Rare Earth Magnet Production to Strengthen Domestic Manufacturing

Apple invests $500 million in MP Materials to produce rare earth magnets in Texas and California, strengthening U.S. supply chains and boosting sustainable manufacturing. In a significant boost to American manufacturing, Apple Inc. has announced a $500 million investment in MP Materials, a leading U.S. rare earths producer. The strategic partnership aims to secure a … Read more

China’s Rare Earth Restrictions: Impact on India’s EV Ambitions

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China’s Rare Earth Restrictions: Impact on India’s EV Ambitions

China’s rare earth magnet export restrictions disrupt India’s EV sector, prompting government action, local supply chain development, and recycling efforts. Explore impacts on Tata, Mahindra, and India’s EV policy. China’s export restrictions on rare earth magnets, implemented on April 4, 2025, have significantly disrupted India’s electric vehicle (EV) sector. With China controlling over 90% of … Read more