MP Materials starts trial manufacturing of rare earth magnets in Texas

MP Materials announced it has started trial manufacturing of neodymium-iron-boron (NdFeB) magnets at its Independence facility in Fort Worth, Texas. The facility has an initial capacity of 1,000 tonnes per annum, with potential to scale to 2,000-3,000 tonnes, and will supply magnets to General Motors.

“MP Materials, a top U.S. materials company, announced that it had started manufacturing a rare earth magnet, called neodymium-iron-boron (NdFeB) on a trial basis and that the factory would begin increasing its production before the end of this year.”despatch.com

• 1 source
• despatch.comU.S. Rare-Earth Maker MP Materials Joins Advanced Magnet Manufacturing Race - DespatchAshton HenningMar 6, 2025

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