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0.00267916945746813 0.00267916945746813 -0.0118888144675151 -0.00401875418620231 -0.0177494976557268 -0.0192565304755527 0.0025954454119222 -0.00142330877427999
Stock impact report

MP Materials Selects Northlake, Texas, as the Site of “10X,” a New U.S. Rare Earth Magnet Manufacturing Campus

MP Materials Corp. (MP) 
Company Research Source: Business Wire
A $1.25 billion-plus company investment will create over 1,500 jobs, dramatically expand domestic manufacturing capacity, and strengthen America’s supply chain independenceSignificant state and local incentive package and 10-year Pentagon offtake commitment support rapid buildout and production expansionHistoric milestone fulfills a key pillar of MP’s public-private partnership with the U.S. Department of War NORTHLAKE, Texas--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP) today announced it has selected a 120-acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from MP’s existing Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260226050358/en/MP Materials will invest more t Show less Read more
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