Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.

Plus: Tailwater Capital secures $250 million commitment for its upstream strategy and True North Advisors acquires California-based Blue Investment Partners.

US-based rare earth producer MP Materials has entered into a definitive, long-term agreement with tech giant Apple to supply US-manufactured, sustainable rare earth magnets. These magnets will be produced using 100% recycled materials in a significant step in both companies' commitment to sustainable and domestic supply chains.