MP Materials selects Texas for rare earth magnet manufacturing site

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MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus.
The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials’ Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S.
The Department of Defense took a stake in MP Materials in 2025 as the Trump administration looks to secure access to minerals critical for everything from defense and data centers to personal electronics.

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