MP Materials 10X Facility Expansion
Sector: Aerospace & Defense • Location: Northlake, Texas, United States
Source: Bitget
MP Materials is expanding its existing rare earth mining and magnet manufacturing operations with the construction of the 10X Facility in Northlake, Texas. This new facility aims to boost annual domestic magnet production to approximately 10,000 metric tons by 2028, supported by a $400 million Department of Defense investment and a total investment of over $1.25 billion.
- Status
- Under Construction
- Sector
- Aerospace & Defense, Manufacturing (Industrial)
- Location
- Northlake, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- Bitget
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Project Information
Participants
| Not available for this record. |
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 is expanding its existing rare earth mining and magnet manufacturing operations with the construction of the 10X Facility in Northlake, Texas. This new facility aims to boost annual domestic magnet production to approximately 10,000 metric tons by 2028, supported by a $400 million Department of Defense investment and a total investment of over $1.25 billion. |
Original sector | Mining and Manufacturing |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
City | Northlake |
Source
Source | Bitget |
URL |
More Details
Record type | Project |
Sector | Aerospace & Defense, Manufacturing (Industrial) |
Article published date | 2026-03-24 |
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