rare earth magnet facility

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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