MP Materials Begins U.S. Rare Earth Magnet Production at Texas Facility

Credit: MP Materials

MP Materials has initiated production of rare earth materials at its Independence facility in Fort Worth, Texas, marking progress in reestablishing a domestic supply chain for rare earth magnets.

The facility has started commercial production of neodymium-praseodymium (NdPr) metal and is conducting trial production of neodymium-iron-boron (NdFeB) magnets. These magnets are essential for applications in industries such as automotive, robotics, aerospace, and defense. The company aims to produce 1,000 metric tons of finished magnets annually by late 2025.

See also: Phoenix Tailings Raises $43 Million to Boost U.S. Rare Earth Metals Processing Capability

Raw materials for the magnets are supplied by Mountain Pass, the only large-scale rare earth mine in the United States. In 2024, Mountain Pass produced over 45,000 metric tons of rare earth oxide (REO) in concentrate, including neodymium-praseodymium oxide. Manufacturers like General Motors are expected to utilize these domestically produced magnets.

“This is a significant step toward strengthening the domestic rare earth magnet supply chain,” said James Litinsky, CEO of MP Materials. “It reflects our commitment to supporting U.S. competitiveness as demand for these critical materials grows globally.”

See also: Cyclic Materials Secures $53 Million in Series B Funding to Expand Rare Earth Element Recycling

With trial production underway, the Independence facility is expected to gradually ramp up its output, contributing to the broader goal of creating a fully integrated domestic supply chain for advanced technologies.

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