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Independence Parkway Rare Earth Magnet Facility

Sector: Aerospace & Defense • Location: Fort Worth, Texas, United States

Source: CarbonCredits.com

Project
Under Construction

MP Materials launched the Independence Parkway facility in Fort Worth, Texas, to produce about 1,000 metric tons of finished NdFeB magnets annually, starting production in late 2025. This facility supplies magnets to companies like General Motors using raw materials from Mountain Pass, California, creating a fully integrated supply chain from mine to magnet in the U.S.

Status
Under Construction
Sector
Aerospace & Defense, Warehouse, Manufacturing (Industrial), Road, Government
Location
Fort Worth, Texas, United States of America
Updated
22 Jul 2026
Source
CarbonCredits.com

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The project “Independence Parkway Rare Earth Magnet Facility” is an infrastructure initiative in the Aerospace & Defense sector, located in Fort Worth, Texas, United States. Taiyo aggregates data on it from CarbonCredits.com.

Participants

Sponsoring Agency

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

MP Materials launched the Independence Parkway facility in Fort Worth, Texas, to produce about 1,000 metric tons of finished NdFeB magnets annually, starting production in late 2025. This facility supplies magnets to companies like General Motors using raw materials from Mountain Pass, California, creating a fully integrated supply chain from mine to magnet in the U.S.

Original sector

Energy

Location

Country

United States of America (USA)

State

Texas

City

Fort Worth

Source

Source

CarbonCredits.com

URL

More Details

Record type

Project

Sector

Aerospace & Defense, Warehouse, Manufacturing (Industrial), Road, Government

Article published date

2025-09-15

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