US business media
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CNBC · United States · MP Materials starts NdFeB magnet production in Texas with DoD as top shareholder
Reports the selection of Fort Worth, Texas as the site for MP's Independence magnet facility, noting the planned scale-up to 1,000t of finished NdFeB magnets annually from the current commissioning phase; details a future '10X' expansion to 7,000t/year magnet capacity, bringing total to 10,000t/year.
“MP Materials selects Texas for rare earth magnet manufacturing site, with ambitions for a 10,000-tonne-per-year 'mine-to-magnet' supply chain.”