This announcement between Apple and MP Materials underscores the rising importance of circular supply chains for critical minerals, an approach M2i Global champions through its own U.S.-based model of ethical sourcing, strategic partnerships, and industrial innovation.
Key Information from the Article:
“MP Materials (NYSE: MP) today announced a definitive, long-term agreement to supply Apple with rare earth magnets manufactured in the United States from 100 percent recycled materials.”
“MP Materials will supply Apple with magnets produced at its Fort Worth, Texas, facility—known as Independence—using recycled rare earth feedstock processed at MP’s Mountain Pass site in California.”
“For nearly five years, Apple and MP Materials have been piloting advanced recycling technology… Building on this technical collaboration, MP will construct a commercial-scale, dedicated recycling line at Mountain Pass enabling the processing of a range of inputs, including magnet scrap and components recovered from end-of-life products.”