mp materials

In U.S. Milestone, MP Materials Begins Producing Rare-Earth Magnets at Fort Worth Facility

by | Jan 22, 2025
Las Vegas-based MP Materials said the achievements at its Fort Worth facility bring the U.S. closer to reestablishing "a fully integrated, domestic supply chain for these critical components for the first time in decades." A key MP customer: General Motors and its electric vehicles.
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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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MP’s new magnetics facility in Fort Worth's AllianceTexas development will source materials from Mountain Pass, California and aims to help restore a fully integrated U.S. supply chain. [Rendering: MP Materials]

MP Materials Is Building a Magnet Factory at AllianceTexas in Fort Worth

by | Dec 9, 2021
The new magnet manufacturing facility will be the headquarters for MP Magnetics, the company's growing magnetics division. Production at the new facility could ultimately power 500,000 EV motors each year. MP, which entered a long-term supply agreement with General Motors for rare earth materials and parts, says manufacturing could begin in 2023.
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