MP Materials to build rare earth magnet factory in Fort Worth, Texas

MP Materials announced it will build a 200,000 sq. ft. greenfield rare earth metal, alloy and NdFeB magnet manufacturing facility in Fort Worth, Texas. The facility will have capacity to produce approximately 1,000 tonnes of finished NdFeB magnets per year and create more than 100 skilled jobs.

“MP Materials will develop a 200,000 sq. ft. greenfield metal, alloy and neodymium-iron-boron (NdFeB) magnet manufacturing facility in Fort Worth, Texas.”businesswire.com

• 1 source
• businesswire.comMP Materials to Build U.S. Magnet Factory, Enters Long-Term Supply Agreement with General MotorsMEDIA CONTACTDec 9, 2021

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