10X Campus Rare Earth Magnet Plant
Sector: Manufacturing (Industrial) • Location: Northlake, Texas, United States
Source: AD HOC NEWS
MP Materials is planning to construct a rare earth magnet manufacturing facility called the "10X" campus in Northlake, Texas. The plant will have a production capacity of up to 10,000 tonnes of rare earth magnets annually starting in 2028. The project is backed by a Pentagon purchase agreement guaranteeing the purchase of all NdFeB magnets not sold to commercial customers for the first decade of o
- Status
- Prospective
- Sector
- Manufacturing (Industrial), Aerospace & Defense, Commercial
- Location
- Northlake, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- AD HOC NEWS
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | MP Materials is planning to construct a rare earth magnet manufacturing facility called the "10X" campus in Northlake, Texas. The plant will have a production capacity of up to 10,000 tonnes of rare earth magnets annually starting in 2028. The project is backed by a Pentagon purchase agreement guaranteeing the purchase of all NdFeB magnets not sold to commercial customers for the first decade of operation, and supported by approximately $66 million in state funding from Texas. |
Original sector | Manufacturing |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
City | Northlake |
Source
Source | AD HOC NEWS |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Aerospace & Defense, Commercial |
Article published date | 2026-03-27 |
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