The company’s revenue declined 14% following the decision, which was made as part of an agreement with the U.S. government.

MP Materials has chosen Northlake, Texas, for its $1.25 billion rare earth magnet factory as the U.S. rushes to secure ...

The expansion stems from a $12.8 million grant.

MP Materials Corp. (NYSE: MP) today announced it has selected a 120 acre site in Northlake, Texas, to develop “10X,” ...

Sens. Elizabeth Warren, Chris Van Hollen and Ron Wyden are pressing Commerce Secretary Howard Lutnick for more information on the USA Rare Earth deal.

The sole American producer of rare earth minerals said the agreement would supply neodymium-praseodymium oxide, a key ...

By Allison Lampert, Laurie Chen, Lewis Jackson and Michael Martina MONTREAL/BEIJING/WASHINGTON, Feb 26 (Reuters) - Suppliers to U.S. aerospace and semiconductor firms face worsening rare earth ...

MP Materials Corp. will develop the large-scale magnet manufacturing campus, to be known as 10X, on a 120-acre site in ...

Members of the Senate Finance Committee are probing Commerce Secretary Howard Lutnick’s role in a $1.6 billion rare earths ...

USA Rare Earth could fix a hole in the U.S. supply chain.

America's rare earth weakness isn't about digging minerals out of the ground; it's about rebuilding the complex processing and magnet-making capabilities that power everything from fighter jets to ...

The facility, which will come online in 2028, is expected to create more than 1,500 jobs and will advance the U.S.’s ability to produce rare earth magnets locally.