By Shane Lasley
Metal Tech News
Texas rare earths magnet plant coming
MP begins building final link in US REE magnet supply chain Metal Tech News - April 22, 2022
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Last updated 7/12/2022 at 2:02pm
MP Materials Corp.
A ceremonial shovel sits in front of General Motor's Hummer EV and a rendering of MP Material's future rare earth magnets factory during a groundbreaking ceremony at the facility coming to Fort Worth, Texas. The new factory is part of MP's mission to restore the full U.S. for rare earths supply chain.
By the end of next year, the powerful rare earth magnets vital to efficiently transform motion into electricity in wind turbines and electricity into motion in electric vehicles are expected to be rolling off the assembly line at a new 200,000-square-foot facility that MP Materials Corp. is building in Fort Worth, Texas.
During a ceremony that attracted Texas lawmakers, General Motors executive...
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