AAPL: Apple Backs U.S. Mining With $500M Bet — And a $490M Payout Still Awaits Investors

Court: N.D. California

Case: 4:19-cv-02033

Apple AAPL is making a high-stakes investment in America’s supply chain security. The company plans to invest $500 million in MP Materials, the only operational rare earth mine in the U.S., in a move hailed by the Trump administration as a “major win.”

• A rare earth magnet factory in Texas for Apple and third-party electronics.
• A recycling center in California to reprocess used materials.
• Direct supply agreements to reduce dependency on China.

The investment aligns with recent national security and trade priorities, as the U.S. accelerates its push to localize strategic mineral sourcing — a sector where China still dominates 60–90% of the supply chain.

While Apple invests forward, it’s also settling past claims. The company has agreed to a $490 million settlement to resolve a lawsuit alleging that CEO Tim Cook misled investors about weakening iPhone demand in China in late 2018.

• Nov 2018: Cook downplays China concerns.
• Jan 2019: Revenue forecast cut by $9B; AAPL drops 10%.
• Apr 2019: Investors sue.

• Shareholders holding AAPL between Nov 2, 2018 – Jan 2, 2019 may qualify.
• Late claims are currently being accepted.
• Payouts are typically issued 8–12 months after court approval.

👉 You can check more information about it and file for a payout HERE.

With Washington’s blessing and Wall Street watching, Apple’s $500M materials play signals a deeper U.S. supply chain shift — even as legal aftershocks from past trade turbulence remain unresolved.