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.

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

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…

23rd June 2025 Electrum Discovery Corp. unveils exploration breakthroughs at Timok East Copper-Gold

Gold bars. Source: Photo by Zlaťáky.cz on Unsplash

Electrum Discovery Corp. has informed in a press release about the transformative findings from its recent…

17th June 2025 A game-changer in rare earth recycling

Aluminium recycled foil. Source: Unspalsh.

Cyclic Materials has made a press release about its transformative step forward in building a circular…

13th June 2025 Brazil’s rare earths boom – a new frontier for global supply chains

Various minerals. Source: Photo by Takemaru Hirai on Unsplash

As Bloomberg informs, the global demand for rare earth elements surges, Brazil is stepping into the…

10th June 2025 13 Strategic projects – strategic milestone for Europe’s economic security

European Union flags. Source: Alexandre - lallemand Unsplash.

The European Commission has unveiled its first list of 13 Strategic Projects focused on critical raw…

30th May 2025 Unlocking the future of sustainable seabed mining

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

Lately a significant milestone in sustainable resource development has just been reached by Impossible Metals Inc.,…