MP Materials 10X Campus Links Rare Earth Expansion To Valuation Upside
MP Materials is launching a new $1.25 billion rare earth magnet manufacturing campus, called 10X, in Northlake, Texas. The 10X project is part of a public private partnership focused on securing the U.S. rare earth supply chain. The development is supported by long term commitments from major technology and industrial customers. For investors watching NYSE:MP, the 10X campus represents a significant expansion of the company’s role in rare earth magnet production, moving further along the...
MP Materials is launching a new $1.25 billion rare earth magnet manufacturing campus, called 10X, in Northlake, Texas. The 10X project is part of a public private partnership focused on securing the U.S. rare earth supply chain. The development is supported by long term commitments from major technology and industrial customers. For investors watching NYSE:MP, the 10X campus represents a significant expansion of the company’s role in rare earth magnet production, moving further along the...