MP Materials reached the milestone in the U.S. rare earth magnet supply chain!

24th January 2025 MP Materials reached the milestone in the U.S. rare earth magnet supply chain!

MP Materials has made a press release informing that it has begun commercial production of neodymium-praseodymium (NdPr) metal and trial production of sintered NdFeB magnets in its facility in Fort Worth, Texas. These breakthroughs mark a significant step toward reestablishing a fully integrated, domestic rare earth magnet production ecosystem for the first time in decades.

Historical milestone

James Litinsky, Founder, Chairman, and CEO of MP Materials said “This milestone marks a major step forward in restoring a fully integrated rare earth magnet supply chain in the United States”. Moreover, he has added: “With record-setting upstream and midstream production at Mountain Pass and both metal and magnet production underway at Independence, we have reached a significant turning point for MP and U.S. competitiveness in a vital sector.”

Why it matters?

The NdFeB magnets are critical to vehicles, drones, robotics, electronics, and aerospace systems. For decades, the U.S. has relied heavily on foreign sources for these essential components.

By producing approximately 1,000 metric tons of NdFeB magnets annually starting in late 2025, Independence will supply magnets to General Motors and other manufacturers, with raw materials sourced from MP Materials Mountain Pass facility in California.

In 2024, the company hit record production at Mountain Pass, including over 45,000 metric tons of rare earth oxides and 1,300 metric tons of NdPr oxide. Together, these accomplishments bring MP Materials closer to restoring U.S. leadership in this vital sector.

This is more than just a milestone—it’s a turning point for U.S. competitiveness in rare earth manufacturing.

Source image

Source of feature image: MP Materials official webpage.

Next WMC Congress

World Mining Congress

2026

The 27th World Mining Congress will be organized in 2026 in Peru. Detailed information can be found either on the 27th WMC official webpage or the first circular.

Learn more
27th
Next IOC Meeting

IOC / WMC Meeting

2025

The 106th IOC/WMC meeting will be organized on September 18th 2025 in Jakarta, Indonesia.

Learn more
106th

Our news Others news

30th July 2025 Peru at a crossroads, $6 billion in mining projects under review amid deep political unrest

Machu Picchu landscape. Source: Unsplash.

Reuters has reported that on Peru’s Independence Day, President Dina Boluarte stood before Congress and delivered…

24th July 2025 27th World Mining Congress

Background image of Peru's landscape

We’re excited to announce that Lima, Peru, will host the 27th World Mining Congress (WMC) from…

23rd July 2025 Demirli copper mine with first production, another milestone for Anglo Asian Mining

Hauling at the open-pit mine. Source: Photo by omid roshan on Unsplash

Anglo Asian Mining PLC has made a press release informing about first copper production at the…

15th July 2025 Insights from the Sustainable and Responsible Mining through Best Mine Closure Practices

Key speakers on the conference on Sustainable and Responsible Mining through Best Mine Closure Practices

On the 4th of July at Hyderabad, the Indian National Committee World Mining Congress (INC-WMC) organized…

14th July 2025 Protests disrupt copper mining operations in Peru

Truck during hauling process. Source: Photo by Dominik Vanyi on Unsplash.

Reuters has informed that executives from MMG Limited (Las Bambas) and Hudbay Minerals Inc. (Constancia) recently…

10th July 2025 Big milestone for Loma Larga’s Dundee Precious Metals gold project.

Gold bars. Source: Unspalsh.

Dundee Precious Metals Inc. has informed that it has received the environmental license from the Ecuadorian…

10th July 2025 Coal and banking, 3 years after COP26

burning coal. Source: Paweł Czerwiński on unsplash.

In November 2021, the world took a historic step at COP26, when 197 governments pledged to phase…

2nd July 2025 Zijin Mining with a $1.2 billion deal for the Raygorodok gold project

Gold bars. Source: Unspalsh.

Zijin Mining, one of the world’s foremost gold and copper producers, has just made a monumental…

26th June 2025 BOEM approved first-ever request for critical mineral exploration in the deep sea

Seabeds raw minerals. Source; Photo by Nathan Langer on Unsplash

The Pacific Outer Continental Shelf holds immense promise for critical mineral resources vital to modern technology…

25th June 2025 Santa Cruz Copper Project with a strong Preliminary Feasibility Study

Ivanhoe Electric Inc. have made a press release where it has announced the completion of the…