Apple's $10.086 Billion Trading Volume Lands Third as it Fortifies Supply Chain with $500 Million Rare Earth Magnet Deal

On July 17, 2025, Apple's trading volume reached $10.086 billion, ranking third in the day's stock market. Apple (AAPL) shares fell 0.07%.

Apple has recently made a significant move to strengthen its supply chain by committing $500 million to source rare earth magnets directly from MP Materials. This partnership aims to bolster Apple's domestic supply chain and reduce its reliance on foreign suppliers. The deal includes the construction of a rare earth recycling facility in the United States, further emphasizing Apple's commitment to sustainability and self-sufficiency.

This strategic investment is part of Apple's broader initiative to enhance its domestic manufacturing capabilities and secure critical components for its products. By investing in rare earth magnets, Apple is not only ensuring a stable supply of essential materials but also supporting the development of a more robust and sustainable supply chain within the United States.