The Earth’s magnetic field, a silent guardian against harmful solar radiation, has been behaving strangely in recent years.

With this investment, Apple will work with MP Materials and commit to buying American-made rare earth magnets developed in Fort Worth, Texas.

This presents MP with a vital role in diminishing U.S. dependency on China, which produces 90% of the world’s most powerful rare-earth magnets.

That is over 800,000 times stronger than the magnetic field produced by Earth itself, which has a flux density of about 50 microtesla.

Strong and compact, rare-earth magnets have found their way into everything from electric cars and wind turbines to MRI machines and missile-guidance systems.

China's overseas shipments of rare earth magnets halved in May from April, tumbling to their lowest levels in more than five years due to export curbs.

Chinese rare earths magnet producer JL MAG Rare-Earth said on Wednesday it had obtained export licences for rare earths products including magnets, motor rotors and components to regions including ...

USA Rare Earth is currently focused on building “one of the largest” rare earth magnet manufacturing facilities in the U.S. in an effort to become a leading supplier of high-value rare earth ...

Secretary, Ministry of Heavy Industry, Kamran Rizvi said manufacturers engaged in end-to-end processing from Rare Earth oxides to magnets will be eligible for the subsidy. The incentives proposed ...