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Rare earth magnet manufacturer selects North Texas for new hub after nationwide search

MP Materials to develop $1.25 billion campus in the Dallas-Fort Worth region
An aerial rendering of what is being called "10X," a rare earth magnet manufacturing facility for MP Materials that is expected to get underway in North Texas. (MP Materials)
An aerial rendering of what is being called "10X," a rare earth magnet manufacturing facility for MP Materials that is expected to get underway in North Texas. (MP Materials)

A rare earth magnet manufacturer's public-private partnership with the federal government is on the fast track following a national site selection process ending in Texas for a $1.25 billion campus expected to get underway soon.

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News | Rare earth magnet manufacturer selects North Texas for new hub after nationwide search