The Elements of Innovation Discovered
The Elements of Innovation Discovered
Metal Tech News - April 1, 2024
MP Materials has received a $58.5 million award to advance its construction of America's first fully integrated rare earth magnet manufacturing facility. This photo shows the Fort Worth, Texas, plant in October last year.
Will use federal funds to establish the first fully integrated mine-to-magnets rare earths supply chain in the U.S.
In support of the development of a complete mines-to-magnets rare earths supply chain in the United States, the Department of Energy has awarded MP Materials $58.5 million to help build a fully integrated rare earths metals and magnet plant in Texas.
MP Materials, which operates the...
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