Apple, MP Material Agreement is a “big victory” for Trump Admin: White House senior official

Exclusive: Apple is expected to announce a $ 500 million commitment MP materials – The only The rare Earth mine It is currently working in the United States, according to multiple sources familiar with the deal.

The agreement includes plans for apple To buy the rare American Earth magnets from the Texas MATERIALS facility, which represents a “big victory” for the Trump administration, according to those familiar with the deal.

Republican movements in the Senate to give us an advantage in China in harvesting minerals to arms systems

The Trump administration has made The rare land mining Local supply chains are strengthening two of the best national security priorities.

The Apple Agreement with MATERIALS is also expected to include building a new recycling facility in Mountain Pass, California, which will re -process materials from electronics used to use in future Apple products.

The sources told Fox News Digital that Apple and MP materials will also build another factory in Fort Worth, Texas, to produce magnets that will be used in Apple products and other electronics around the world.

“This is a great victory for the president, who has insight to make this issue a priority,” a White House official told Fox News Digital.

The deputy materials cut off the rare land to China amid the continuous tariff battle

“Apple deserves a lot of credit for escalating,” the official continued. “It is good for the country, useful for American workers, and it will prove that it’s also good.”

“Other companies should notice,” added the senior White House official.

The agreement comes days after the Ministry of Defense announced that it also gets a $ 400 million share in MP materials.

The company described the government’s investment as a “partnership between the public and private sectors”, and said that the investment launched efforts “to accelerate the construction of a rare land magnet supplies from the end to the end and reduce foreign dependency.”

Currently, China produces approximately 60 % of the world’s critical metal supplies, and treats up to 90 %.

Click here to get the Fox News app

The deal also comes after the president Donald Trump I reached an agreement with Chinese President Xi Jinping to resume critical mineral trade after shipments stopped earlier in 2025 after a large number of customs tariffs against China and other countries.

In March, Trump signed an executive order to increase US metal production. The president said it is “necessary” for American national security to take the country “immediate measures to facilitate local mineral production to the maximum extent possible.”