Industry Intelligence

Critical Minerals Processing

Critical Minerals Processing tracks major U.S. facilities that separate, refine, process, recover, or manufacture strategically important mineral materials used in batteries, permanent magnets, electronics, defense systems, energy infrastructure, and advanced manufacturing. It distinguishes industrial mineral processing from extraction-only mining, following material conversion from feedstock into usable industrial inputs.

Projects
4
Investment
$6.75B
Jobs
3,890
Companies
4
States
3
Geographic Distribution

Projects across the country

Largest announced project
Critical Minerals Processing

Redwood Materials

Ridgeville, South Carolina
Investment
$3.50B
Open project →
Largest Announced Job Creator
Critical Minerals Processing

MP Materials & Redwood Materials

2 projects tied
Expected jobs
1,500
Top investing states

Critical Minerals Processing by state

  1. South Carolina
    $4.70B
    2 proj · 1,990 jobs
  2. Texas
    $1.25B
    1 proj · 1,500 jobs
  3. Georgia
    $800.0M
    1 proj · 400 jobs
Top companies

By announced investment

  1. Redwood Materials
    $3.50B
    1 proj · 1,500 jobs
  2. MP Materials
    $1.25B
    1 proj · 1,500 jobs
  3. USA Rare Earth
    $1.20B
    1 proj · 490 jobs
  4. Anovion Technologies
    $800.0M
    1 proj · 400 jobs
Every tracked project

Critical Minerals Processing ledger · 4

  • USA Rare Earth
    Critical Minerals Processing
    Blacksburg, South Carolina
    $1.20B
    490 jobs
    Under ConstructionAnnounced Jun 3, 2026
  • MP Materials
    Critical Minerals Processing
    Northlake, Texas
    $1.25B
    1,500 jobs
    PlanningAnnounced Feb 26, 2026
  • Anovion Technologies
    Critical Minerals Processing
    Bainbridge, Georgia
    $800.0M
    400 jobs
    PlanningAnnounced May 15, 2023
  • Redwood Materials
    Critical Minerals Processing
    Ridgeville, South Carolina
    $3.50B
    1,500 jobs
    OperationalAnnounced Dec 14, 2022
Back to the tracker