Northlake 10X rare earth magnet campus (expansion)
MP Materials Corp., Northlake, Denton County, Texas
Northlake 10X rare earth magnet campus (expansion) in Northlake, Texas is MP Materials Corp.’s plant for ndFeB rare earth magnets. Status: announced as of February 26, 2026. MP Materials Corp. announced $1.3 billion and 1,500 jobs. Primary source: gov.texas.gov, checked November 12, 2026.
- Status
- Announced
- Announced investment
- $1.3 billion
- Announced jobs
- 1,500
- Industry
- Steel and metals
- Sheet
- TX-34
- Revised
- November 12, 2026
Status timeline
- Announcedgov.texas.gov
Filled dots are confirmed by a company, state, SEC or federal source. Dashed dots come from news reports only. Investment and job figures are as announced, not achieved.
Plant facts
| Company | MP Materials Corp. |
|---|---|
| Plant | Northlake 10X rare earth magnet campus (expansion) |
| Location | Northlake, Denton County, Texas |
| Industry | Steel and metals |
| Product | NdFeB rare earth magnets |
| Announced investment | $1.3 billion |
| Announced jobs | 1,500 |
| Last checked | November 12, 2026 |
Sources
- Governor Abbott Announces MP Materials Rare Earth Magnet Manufacturing Expansion In Northlake (state release, gov.texas.gov, checked November 12, 2026)
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