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MP Materials Selects Northlake, Texas, as the Site of "10X," a New U.S. Rare Earth Magnet Manufacturing Campus

ByYahoo Finance
1 day ago
Source:Yahoo Finance
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NORTHLAKE, Texas, February 26, 2026--MP Materials Corp. (NYSE: MP) today announced it has selected a 120‑acre site in Northlake, Texas, to develop "10X," the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from MP’s existing Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain.

NORTHLAKE, Texas, February 26, 2026--MP Materials Corp. (NYSE: MP) today announced it has selected a 120‑acre site in Northlake, Texas, to develop "10X," the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from MP’s existing Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain.

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