MP Materials selects Texas for rare earth magnet manufacturing site [CNBC]
MP Materials Corp. (MP)
Company Research
Source: CNBC
The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials' Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S. The Department of Defense took a stake in MP Materials in 2025 as the Trump administration looks to secure access to minerals critical for everything from defense and data centers to personal electronics. In this article MP Materials 10X Magnet Manufacturing Facility, Northlake TX. Source: MP Materials MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus, the company announced Thursday, amid a rush to shore up domestic supplies of metals critical for everything from data centers and defense to personal electronics. The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials' Mountain Pass mine in California. Mountain Pass is the only commercial-sc
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MP
News
- MP Materials to Participate in Upcoming ConferencesBusiness Wire
- Rare Earth Stocks: REalloys Takes Off In 2nd Week; MP, USAR Set Up [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on MP Materials: “We're Not Going to Let This One Go Away” [Yahoo! Finance]Yahoo! Finance
- MP Materials (MP) had its "outperform" rating reaffirmed by William Blair.MarketBeat
- JPMorgan Maintains Positive Stance on MP Materials Corp. (MP) Ahead of Q4 [Yahoo! Finance]Yahoo! Finance
MP
Earnings
- 2/26/26 - Beat
MP
Sec Filings
- 2/26/26 - Form S-8
- 2/26/26 - Form 10-K
- 2/26/26 - Form 8-K
- MP's page on the SEC website