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rare earth magnets
A front view of Independence, MP Materials' state-of-the-art rare earth magnet manufacturing facility in Fort Worth [Photo: Business Wire]
In U.S. Milestone, MP Materials Begins Producing Rare-Earth Magnets at Fort Worth Facility
by David Seeley and Lance Murray | 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.
by AllianceTexas Mobility Innovation Zone |
May 1, 2024
When it comes to electric vehicle production, a profound opportunity is emerging that promises to reshape the global supply chain. Key to seizing this opportunity is re-shoring critical magnetic materials to the U.S., a move that is vital for the future of electric vehicles, drones, intelligent transportation systems and the electrification of smart technologies.
sponsored by AllianceTexas Mobility Innovation Zone
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by Quincy Preston and Sandra Engelland |
Apr 21, 2022
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.
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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