Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Apple backs Trump rare earth minerals push, invests $500M in US mine
Business

Apple backs Trump rare earth minerals push, invests $500M in US mine

Buddy DoyleBy Buddy DoyleJuly 15, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Apple backs Trump rare earth minerals push, invests 0M in US mine
Share
Facebook Twitter LinkedIn Pinterest Email

EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the deal.

The agreement includes plans for Apple to purchase American-made rare earth magnets from MP Materials’ Texas facility, marking a “major win” for the Trump administration, according to those familiar with the deal.

SENATE REPUBLICAN MOVES TO GIVE US AN EDGE ON CHINA IN HARVESTING MINERALS FOR WEAPONS SYSTEMS

The Trump administration has made rare earth mining and bolstering domestic supply chains two of its top national security priorities.

Apple’s agreement with MP Materials is also expected to include the building of a new recycling facility in Mountain Pass, California, which will reprocess materials from used electronics to be used in future Apple products.

Sources told Fox News Digital that Apple and MP Materials will also build another factory in Fort Worth, Texas, to produce magnets that will be used in Apple products and other electronics around the globe.

“This is a huge win for the president, who has the foresight to make this issue a priority,” a senior White House official told Fox News Digital.

MP MATERIALS CUTS OFF US RARE EARTH TO CHINA AMID ONGOING TARIFF BATTLE

“Apple deserves a lot of credit for stepping up,” the official continued. “It’s good for the country, good for American workers, and it’ll prove to be good business, too.”

The senior White House official added: “Other companies should take notice.” 

The agreement comes days after the Department of Defense announced that it is also taking a $400 million stake in MP Materials.

rare earth mine

The company called the government’s investment a “transformational public-private partnership,” and said the investment launched an effort to “accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency.”

Currently, China produces roughly 60% of the world’s critical mineral supply, and processes up to 90%.

The deal also comes after President Donald Trump reached a deal with Chinese President Xi Jinping to resume trade of critical minerals after shipments were stopped earlier in 2025 following the White House’s slew of tariffs against China and other countries. 

Trump, in March, signed an executive order to increase American mineral production. The president said it is “imperative” for U.S. national security that the country take “immediate action to facilitate domestic mineral production to the maximum possible extent.”

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleScientists crack the code on new vaccine for deadly plague bacteria
Next Article 8 New Camping Gear & Gadgets 2019

Related Articles

World leader issues warning to Trump on Fed independence

World leader issues warning to Trump on Fed independence

September 1, 2025
Swag Golf teams up with NFL for custom headcovers that bring stadium energy to the course

Swag Golf teams up with NFL for custom headcovers that bring stadium energy to the course

September 1, 2025
Captain Morgan Sliced and Pluto Golf create collection celebrating ‘real’ golfers and imperfect swings

Captain Morgan Sliced and Pluto Golf create collection celebrating ‘real’ golfers and imperfect swings

September 1, 2025
Bessent warns ‘all options are on the table’ for Russia sanctions

Bessent warns ‘all options are on the table’ for Russia sanctions

September 1, 2025
Southwest Airlines begins using FAA-mandated cockpit barriers on new Boeing jetliners

Southwest Airlines begins using FAA-mandated cockpit barriers on new Boeing jetliners

September 1, 2025
Trump warns US will become ‘Third World Nation’ if federal courts strike down his tariffs

Trump warns US will become ‘Third World Nation’ if federal courts strike down his tariffs

September 1, 2025
Dramatic video shows boy balancing 100-ft above panicked crowd at Hersheypark

Dramatic video shows boy balancing 100-ft above panicked crowd at Hersheypark

September 1, 2025
Trump says the US would be ‘completely destroyed’ without tariff revenue

Trump says the US would be ‘completely destroyed’ without tariff revenue

August 31, 2025
Trump trade counselor Peter Navarro rebukes ‘politicians in black robes’ over ‘partisan’ tariff ruling

Trump trade counselor Peter Navarro rebukes ‘politicians in black robes’ over ‘partisan’ tariff ruling

August 31, 2025
Don't Miss
World leader issues warning to Trump on Fed independence

World leader issues warning to Trump on Fed independence

Trump to award Rudy Giuliani the Presidential Medal of Freedom: ‘Great American Patriot’

Trump to award Rudy Giuliani the Presidential Medal of Freedom: ‘Great American Patriot’

Swag Golf teams up with NFL for custom headcovers that bring stadium energy to the course

Swag Golf teams up with NFL for custom headcovers that bring stadium energy to the course

Trump praises Democratic DC mayor for working with his administration on crime crackdown

Trump praises Democratic DC mayor for working with his administration on crime crackdown

Latest News
Captain Morgan Sliced and Pluto Golf create collection celebrating ‘real’ golfers and imperfect swings

Captain Morgan Sliced and Pluto Golf create collection celebrating ‘real’ golfers and imperfect swings

September 1, 2025
Latest Gulf state launches ‘golden residency’ program to lure wealthy Americans

Latest Gulf state launches ‘golden residency’ program to lure wealthy Americans

September 1, 2025
Bessent warns ‘all options are on the table’ for Russia sanctions

Bessent warns ‘all options are on the table’ for Russia sanctions

September 1, 2025
Bernie Sanders calls for RFK Jr. to resign as HHS secretary over vaccine policies: ‘Rally the American people’

Bernie Sanders calls for RFK Jr. to resign as HHS secretary over vaccine policies: ‘Rally the American people’

September 1, 2025
Rabies Cases Rise In U.S.

Rabies Cases Rise In U.S.

September 1, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.