Apple will invest $ 500 million in rare soil magnets to produce your iPhone in the USA
Apple announced the next steps in the multimillionaer investment in the United States, and will cooperate with a company to develop neodymium magnets through rare soil recycling
According to Cupertino’s latest press release, Apple brand is a $ 500 million investment for the purchase of rare soil magnets produced in the United States. . Magnets Developed by MP Materials Company in Texas. This investment is part of the total investment of the millionaire announced last February. Will this investment make Donald Trump happy? Tim Cook and Apple were not tired of criticizing.
A multi -year agreement of $ 500 million that will benefit the iPhone and other products made by Apple
In addition to this investment, Companies are expected to cooperate to contribute to creating a new recycling line Develops new materials that focus on rare lands, in turn, magnetic and obtain innovative processing technology. Agreement, Construction of a new factory with neodimum magnet production lines The last goal will be Apple’s products.
Apple’s investment will contribute to MP materials to significantly increase production. After the production of magnets, they can be sent to the rest of the world as well as being sent in the United States.. The recycling facility aims to process recycled rare soils, taking into account the scrap thrown by used electronic devices and industries.
A job for more than five years since Apple and MP materials have tested the use of advanced technology. Recycling for the processing of such magnets, which are perfectly suitable for Cupertino’s performance and design standards.

Neodimum Magnet Production Line
Apple has extensive experience in the use of such magnets.
Amazing thing about this problem Apple is not new in this type of recycling. Already Use Recycled Rare Land from 2019’s use of Tapic Engine on iPhone 11. Almost all magnets coming on Apple devices are produced with such materials, but are recycled by 100 percent.
Apple wants to give a new impulse to the recycling of the capacity of the American industry.It contributes to environmental progress through the same recycling, as the president wants, but with a touch of innovation.
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Source: i Padizate
