MP Materials has chosen Northlake, Texas, for its $1.25 billion rare earth magnet factory as the U.S. rushes to secure domestic supplies of critical minerals.

MP Materials' 10X factory will produce 10,000 tons of rare-earth magnets a year. It may need to get even bigger.

A magnet is an important part of devices like smartphones, automobiles, and many more. Most of these magnets are made using rare-earth materials, which are expensive and scarce on the market. Also, ...

Comparing the company's deal with the government alongside MP Materials' deal reveals a lot about its investment proposition.

Noveon Magnetics, a San Marcos, Texas-based manufacturer of magnetic materials, has announced a strategic agreement with Kangwon Energy, a South Korean engineering company, and LG Electronics, a maker ...

Facility derisks HyProMag USA roll out and accelerates opportunity for U.S. customer magnet product verification DALLAS-FORT WORTH, TX / ACCESS Newswire / January 15, 2026 / HyProMag USA, LLC ...

The TRS round and oval microspeaker series employs rare-earth magnets to improve ruggedness and output quality. Round speakers have diameters of 13 to 66 mm, while oval versions come in sizes from 16 ...

Buried within the rocks of Mountain Pass are rare-earth elements—a group of metals that play a vital role in nearly every twenty-first-century technology. They help make the high-strength magnets that ...

Georgetown University researchers have discovered a new class of strong magnets that do not rely on rare-earth or precious metals—a breakthrough that could significantly advance clean energy ...

USA Rare Earth (NASDAQ: USAR) is attracting a lot of attention these days, which is appropriate for a company that specializes in mining for rare-earth minerals that are used to make powerful magnets.