Apple and MP Materials launching a recycling facility for processing recycled rare earth elements
Apple announced a new commitment of $500 million with MP
Materials, the only fully integrated rare earth producer in the United States.
With this multiyear deal, Apple is committed to buying American-made rare earth
magnets developed at MP Materials’ flagship Independence facility in Fort
Worth, Texas. The two companies will also work together to establish a
cutting-edge rare earth recycling line in Mountain Pass, California, and
develop novel magnet materials and innovative processing technologies to enhance
magnet performance. The commitment is part of Apple’s pledge to spend more than
$500 billion in the U.S. over the next four years, and builds on the company’s
long history of investment in American innovation, advanced manufacturing, and
next-generation recycling technologies.
“American innovation drives everything we do at Apple, and
we’re proud to deepen our investment in the U.S. economy,” said Tim Cook,
Apple’s CEO. “Rare earth materials are essential for making advanced
technology, and this partnership will help strengthen the supply of these vital
materials here in the United States. We couldn’t be more excited about the
future of American manufacturing, and we will continue to invest in the
ingenuity, creativity, and innovative spirit of the American people.”
Apple and MP Materials will build out the state-of-the-art
Texas factory with a series of neodymium magnet manufacturing lines
specifically designed for Apple products. The new equipment and technical
capacity will allow MP Materials to significantly boost its overall production.
Once built, the American-made magnets will be shipped across the country and
all over the world, helping to meet increasing global demand for the material.
The increased production will support dozens of new jobs in advanced manufacturing
and R&D. The two companies will provide extensive training to develop the
workforce, building an entirely new pool of U.S. talent and expertise in magnet
manufacturing.
When complete, the new recycling facility in Mountain Pass,
California will enable MP Materials to take in recycled rare earth feedstock —
including material from used electronics and post-industrial scrap — and
reprocess it for use in Apple products. For nearly five years, Apple and MP
Materials have been piloting advanced recycling technology that enables
recycled rare earth magnets to be processed into material that meets Apple’s
exacting standards for performance and design. The companies will continue to
innovate together to improve magnet production, as well as end-of-life
recovery.
Apple pioneered the use of recycled rare earth elements in
consumer electronics, first introducing them in the Taptic Engine of iPhone 11
in 2019. Today, nearly all magnets across Apple devices are made with 100
percent recycled rare earth elements. The collaboration with MP Materials will
help secure domestic supply of this critical material, strengthen the U.S. rare
earth industry’s capabilities to capture more raw material, and advance
environmental progress with innovative recycling methods.