# MP Materials

- Headquarters: United States
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Fort Worth, United States | 2021-12-09 | — | new_facility |
| Texas, United States | 2019-03-06 | $700.0M | new_facility |

## Customers, suppliers and deals

- [General Motors](https://endata.com/companies/4654.md): customer, 2×, latest 2021-12-10
- [Fortress Investment Group](https://endata.com/companies/48574.md): partner, 1×, latest 2020-07-15

## Announcements (5)

- 2021-12-10: [GM signs supplier agreements with MP Materials and Vacuumschmelze for rare earth magnets](https://endata.com/announcements/63881-gm-signs-supplier-agreements-with-mp-materials-and-vacuumschmelze-for-rare) (Contract · United States)
- 2021-12-09: [MP Materials signs long-term supply agreement with General Motors](https://endata.com/announcements/63870-mp-materials-signs-long-term-supply-agreement-with-general-motors) (Contract · United States)
- 2021-12-09: [MP Materials to build rare earth magnet factory in Fort Worth, Texas](https://endata.com/announcements/63869-mp-materials-to-build-rare-earth-magnet-factory-in-fort-worth-texas) (New facility · Fort Worth, Texas, United States · 100 jobs · starts operating 2023)
- 2020-07-15: [MP Materials to go public via merger with Fortress Value Acquisition Corp.](https://endata.com/announcements/50120-mp-materials-to-go-public-via-merger-with-fortress-value-acquisition-corp) (Acquisition · Mountain Pass, California, United States · $1.50B)
- 2019-03-06: [MP Materials begins construction on Texas rare earth magnetics factory](https://endata.com/announcements/37511-mp-materials-begins-construction-on-texas-rare-earth-magnetics-factory) (New facility · Texas, United States · $700.0M · 150 jobs · starts operating Q4 2023)

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.