Apple Partners with MP Materials for $500M Rare Earth Magnet Deal

Apple has entered a transformative $500 million partnership with MP Materials, the only vertically integrated producer of rare earth elements in the United States. This long-term agreement underscores Apple’s strategic push to deepen its roots in domestic manufacturing. As part of the deal, Apple will source rare earth magnets manufactured entirely in the United States at MP Materials’ advanced production facility located in Fort Worth, Texas.

This collaboration is central to Apple’s broader goal of investing over $500 billion into the U.S. economy within the next four years, reinforcing its longstanding commitment to American innovation, sustainable manufacturing, and future-facing recycling solutions.

“American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said Tim Cook, Apple’s CEO. “Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States. We couldn’t be more excited about the future of American manufacturing, and we will continue to invest in the ingenuity, creativity, and innovative spirit of the American people.”

Building a Magnet Production Hub in Texas

The Fort Worth facility is set to become a world-class hub for neodymium magnet production, specifically engineered for Apple’s high-performance devices. New state-of-the-art manufacturing lines will be developed, tailored to meet the company’s stringent specifications for design and durability. As production ramps up, the magnets produced in Texas will serve Apple’s global supply chain, making their way into devices used by millions around the world. This expansion is expected to create a wave of new employment opportunities in both research and development and advanced manufacturing, alongside extensive training programs that will cultivate a skilled U.S. workforce in an area of strategic technological importance.

Advancing Rare Earth Recycling in California

Alongside manufacturing, Apple and MP Materials are joining forces to tackle one of the most critical challenges in sustainability, rare earth recycling. A new recycling line will be established at MP Materials’ Mountain Pass site in California. This facility will be equipped to process used electronics and post-industrial waste, turning discarded material into high-quality rare earth feedstock ready for reuse in Apple products.

The two companies have already been working together for nearly five years, refining sophisticated recycling technologies that meet Apple’s high-performance standards. The new California plant will take those efforts to scale, helping reduce reliance on virgin material while boosting end-of-life recovery efficiency.

From Innovation to Standard: Apple's Use of Recycled Rare Earths

Apple was among the first in the industry to introduce recycled rare earth elements into mainstream consumer electronics, beginning with the iPhone 11’s Taptic Engine in 2019. Since then, the company has made significant strides, and today nearly all magnets across its product lineup are composed entirely of recycled rare earths. This new collaboration with MP Materials cements Apple’s leadership in circular design while also contributing to the development of a robust domestic supply chain. It enhances U.S. capabilities in rare earth production, helps secure future access to these essential materials, and underscores Apple's broader mission to combine cutting-edge technology with environmental responsibility.