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 Corp. selected a 120‑acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus.

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

The project, in AllianceTexas, is expected to scale the annual output of neodymium-iron-boron magnets from 1,000 to 10,000 ...

MP Materials has selected a 120-acre site in Northlake for “10X,” a large-scale campus for rare-earth magnet manufacturing representing more than $1.25 billion in investment.

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MP Materials will build a $1.25 billion facility in Northlake, creating more than 1,500 jobs. The U.S. Defense ...