With $1.3 billion in facility-specific investment and 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). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →The critical minerals processing context.
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.
At a glance
- Company
- MP Materials
- Industry
- Critical Minerals Processing
- Location
- Northlake, Texas
- Investment
- $1.25B
- Permanent jobs announced
- 1,500
- Status
- Planning
- Announced
- Feb 26, 2026
- Expected opening
- Jan 1, 2029
- Added to tracker
- Jul 24, 2026
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/