Apple announces $500 million deal with MP materials - UPI.com

Green-washing, probably. But big tech's hunger for rare earth components is real enough.

The company will buy rare earth magnets created by MP Materials. Both companies will combine on a new recycling line in Mountain Pass, Calif., to meet global demand. Apple said it plans to spend more than $500 billion in the U.S. over the next couple of years on advancing manufacturing and next-generation recycling technologies.