MP Materials posts Q4 profit, unveils $1.25B Texas magnet factory plans

MP Materials Corp (NYSE: MP) reported a profitable fourth quarter driven largely by a $51 million non-revenue Price Protection Agreement from the US Department of War, as the rare-earths miner also ...
Community Impact

Northlake to be home of MP Materials’ $1.25 billion manufacturing campus 10X

MP Materials Corp. announced it has selected a 120-acre site in Northlake for its 10X campus, a planned large-scale earth magnet manufacturing campus in the Alliance area of Fort ...
Business Facilities

MP Materials Launches $1.25B Texas Rare Earth Magnet Campus

MP Materials’ Northlake, Texas campus will create 1,500 jobs and anchor the nation’s largest rare earth magnet manufacturing ...
Denton Record-Chronicle

Rare earth magnet maker to build $1.25B manufacturing site in Northlake

MP Materials will build a $1.25 billion facility in Northlake, creating more than 1,500 jobs. The U.S. Defense Department-backed project aims to expand domestic production and reduce U.S. reliance on ...

MP Materials plans $1.25B for new rare earth magnet manufacturing campus in Texas

MP Materials said it selected a 120‑acre site in Northlake, Texas, to develop its planned "10X" rare earth magnet manufacturing campus.