With more than $1.3 billion in facility-specific investment and more than 1,500 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). It is also confirmed by official public sources and involves a physical manufacturing facility in the United States.
View full methodology →The critical minerals & magnets context.
Facilities that separate, refine, convert, or recover critical minerals into metals, oxides, or chemical compounds, plus facilities manufacturing finished permanent magnets of any chemistry, including magnets made without rare earths. Battery-specific active materials belong in Battery Manufacturing. For other integrated activities, classify by the primary stated output.
At a glance
- Company
- MP Materials
- Industry
- Critical Minerals & Magnets
- Location
- Northlake, Texas
- Investment
- More than $1.25B
- Permanent jobs announced
- More than 1,500
- Status
- Under Construction
- Announced
- Feb 26, 2026
- Opening timeline
- Commissioning targeted for 2028
- Added to tracker
- Jul 24, 2026
Read the Project Watch brief
A source-linked look at what's announced versus confirmed for this project. Project Watch follows this manufacturing record and adds nothing to AFT's database totals.
View current status →Official references
- Primary source https://mpmaterials.com/news/mp-materials-selects-northlake-texas-as-the-site-of-10X-a-new-us-rare-earth-magnet-manufacturing-campus/
- MP Materials Second Quarter 2026 Results (August 6, 2026): construction underway https://investors.mpmaterials.com/investor-news/news-details/2026/MP-Materials-Reports-Second-Quarter-2026-Results/default.aspx
Cite this project
American Factory Tracker. "MP Materials, Northlake, TX." https://americanfactorytracker.com/projects/mp-materials-northlake. Accessed November 3, 2026.
Please also cite the original sources listed above for underlying figures.