mp materials

80 Finalists Announced for 2026 Innovation Awards; Ross Perot Jr. Named First ‘Legacy of Innovation’ Honoree

by | Oct 23, 2025
Now in its seventh year, the annual D CEO and Dallas Innovates awards honor innovators shaping the future of North Texas.
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John Lauer (left) and members of the Adom Industries team gather around the company’s “workcell”—the core of its cloud-connected electronics prototyping factory. Lauer likens the system to “compute for atoms,” much like a server in a data center enables “compute for bits,” calling it the Amazon Web Services of electronics prototyping. The photo was taken shortly after a major presentation to a leading electronics company, following months of preparation.
Shenzhen Speed, In the Cloud: North Texas’ Adom Industries Plans $229M Robotics-Driven Electronics Factory
by | Aug 11, 2025
The stealth-stage startup, led by tech entrepreneur John Lauer—who sold his last company for nearly $1 billion—is developing what it calls the world's first cloud-connected electronics prototyping factory. "This will be one of the most high-tech factories in the world," said Lauer.
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Apple’s $600B Commitment to Manufacturing in U.S. Includes Several Partner Sites in North Texas
by | Aug 7, 2025
As it announced a new $100 billion commitment to manufacturing in America Monday—for a planned total of $600 billion over the next four years—Apple said a lot of that money will be spent in Sherman, 60 miles north of Dallas. Its partners there include Texas Instruments, GlobalWafers America, and Coherent, which makes the lasers that enable FaceID on iPhones and iPads.
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Apple Announces $500M Deal to Buy Rare Earth Magnets From MP Materials’ Fort Worth Plant
by | Jul 15, 2025
Under the deal, rare earth magnets will be developed from 100% recycled materials at MP's flagship manufacturing plant in Hillwood's AllianceTexas development. Magnet shipments are slated to begin in 2027 and will ramp up to support "hundreds of millions of Apple devices," MP said.
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UTA Physicist Gets $1.3M Grant To Advance Innovation in U.S. Magnet Manufacturing

by | Jan 16, 2025
The project, led by UTA physicist J. Ping Liu, seeks to make the mining of critical rare earth elements more cost-efficient and environmentally sustainable by using cheaper, more abundant materials—helping to boost U.S. production of high-performance magnets.
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Over $58M Awarded to Advance Fort Worth Rare Earth Magnet Manufacturing Plant
by | Apr 1, 2024
Las Vegas-based MP Materials—which began building the plant in 2022 at Hillwood's AllianceTexas—plans to produce ""precursor materials" at the facility this summer, and "finished magnets" by late 2025. The critically needed products will be delivered to General Motors to power EVs—and help "bring the supply chain home" to the U.S.
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The Last Word: Robert Sturns on MP Materials’ Rare Earth Magnet Plant at AllianceTexas
by | Jul 11, 2023
Through a long-term agreement with General Motors, MP Materials is bringing its MP Magnets division to AllianceTexas in Fort Worth. The company is building a new, 200,000-square-foot rare earth magnetics and materials manufacturing facility which will "re-shore" critical components for America's EV batteries, robots, drones, defense systems, and other tech.
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Ross Perot Jr., chairman of The Perot Group, and James Latinsky, MP Materials co-founder and CEO a the site of MP Materials new U.S. magnet factory at AllianceTexas in Fort Worth.
Construction Begins in Fort Worth on America’s First Rare Earth Magnet Manufacturing Facility
Through a long-term agreement with General Motors, MP Materials is bringing its MP Magnets division to AllianceTexas and today began building a new, 200,000-square-foot rare earth magnetics and materials manufacturing facility.

The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
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