📰 Apple (AAPL) Secures $500M Deal with MP Materials for Recycled Rare Earth Magnets, Boosting Long-Term Supply

💡 Why this signal?

• Apple’s long-term agreement with MP Materials ensures a stable, sustainable supply of rare earth magnets, essential for its device manufacturing, supporting future production and innovation.
• The deal aligns with Apple's commitment to environmentally responsible sourcing, enhancing its supply chain resilience and potentially reducing dependency on international suppliers.
• The collaboration with a U.S.-based supplier focused on recycled materials strengthens Apple’s market positioning and may boost investor confidence in its sustainable initiatives.