MP Materials produces rare earth metal in Texas
MP Materials (NYSE: MP) has kicked off commercial production of neodymium-praseodymium metal at its Independence facility in Texas along with trial production of neodymium-iron-boron magnets, the company announced Wednesday.
In U.S. Milestone, MP Materials Begins Producing Rare-Earth Magnets at Fort Worth Facility
Las Vegas-based MP Materials said the achievements at its Fort Worth facility bring the U.S. closer to reestablishing "a fully integrated, domestic supply chain for these critical components for the first time in decades.
MP Materials stock rises on rare earth production milestone
Shares of MP Materials climbed 4% in pre-open trading Wednesday following the announcement that the company has commenced commercial production of neodymium-praseodymium (NdPr) metal at its flagship Independence facility in Fort Worth,
MP Materials Restores U.S. Rare Earth Magnet Production
A front view of Independence, MP Materials' state-of-the-art rare earth magnet manufacturing facility in Fort Worth, Texas. MP Materials (NYSE: MP) has reached a pivotal milestone in restoring the U.S.
MP Materials launches U.S. production of rare earth magnets
MP Materials (MP) said its facility in Fort Worth, Texas, has begun commercial production of NdPr metal and has launched trial production of automotive-grade, sintered NdFeB magnets, which it said ...
MP Materials restores U.S. rare earth magnet supply chain
MP Materials (MP) has reached a milestone in restoring the U.S. rare earth magnet supply chain. The company’s Independence facility in Fort
MP Materials Launches Domestic Production of Rare-Earth Magnets
MP Materials' Fort Worth plant is poised to produce about 1,000 metric tons of finished NdFeB magnets a year, with a gradual production ramp beginning in late 2025, the company said. The facility will supply magnets to General Motors and other manufacturers, the company said.
Baird raises MP Materials stock target to $30 on strong production
Baird analyst George Gianarikas increased the price target on MP Materials (NYSE:MP) shares to $30.00 from the previous ...
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Fort Worth Fires Up Rare Earth Magnet Revolution: MP Materials Sparks U.S. Supply Chain Independence Amid Global Market Tensions
MP Materials starts production of rare earth magnets at a new Fort Worth plant, targeting U.S. supply chain independence.