MP Materials Rare Earth Magnet Manufacturing Facility
Sector: Aerospace & Defense • Location: Fort Worth, Texas, United States
Source: Center for Strategic and International Studies (CSIS)
MP Materials is constructing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas, aimed at scaling annual magnet manufacturing capacity from 1,000 metric tons in 2025 to 10,000 metric tons over the next decade. The project is supported by a multi-billion-dollar public-private partnership with the U.S. Department of Defense, including equity investment, loans, and guar
- Status
- Under Construction
- Sector
- Aerospace & Defense, Manufacturing (Industrial), Metal, Government
- Location
- Fort Worth, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- Center for Strategic and International Studies (CSIS)
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Project Information
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 is constructing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas, aimed at scaling annual magnet manufacturing capacity from 1,000 metric tons in 2025 to 10,000 metric tons over the next decade. The project is supported by a multi-billion-dollar public-private partnership with the U.S. Department of Defense, including equity investment, loans, and guaranteed offtake agreements. |
Original sector | Critical Minerals |
Procurement method |
Location
Country | United States of America (USA) |
State | Texas |
City | Fort Worth |
Source
Source | Center for Strategic and International Studies (CSIS) |
URL |
More Details
Record type | Project |
Sector | Aerospace & Defense, Manufacturing (Industrial), Metal, Government |
Article published date | 2025-09-16 |
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