MP Materials has chosen Northlake, Texas, for its $1.25 billion rare earth magnet factory as the U.S. rushes to secure domestic supplies of critical minerals.
MP Materials selects Texas for rare earth magnet manufacturing site
MP Materials has chosen Northlake, Texas, for its $1.25 billion rare earth magnet factory as the U.S. rushes to secure domestic supplies of critical minerals.
Last updated: April 3, 2026, 6:58 PM
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