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Independence Fort Worth Magnet FacilityMP Materials—MP Materials selects 120-acre site in Northlake, Texas for $1.25 billion 10X magnet manufacturing campus

Independence Fort Worth Magnet Facility

by MP MaterialsUS

Fort Worth Independence manufactures neodymium-iron-boron magnets from rare earth metals. Commercial production began January 2025 at 1,000 metric tons per year; 10X campus will scale to 10,000 metric tons per year.

DeployStage 4 of 5

Fort Worth Independence producing magnets as of 2025. 10X campus in Northlake commissioning 2028.

Updated Feb 2026Checked 10 Oct0 updates this week

Milestones

Next · 10X campus groundbreaking and engineering procurement
  1. Fort Worth facility groundbreakingApr 2022Complete.
  2. Commercial metal production begins at IndependenceDec 2024Complete.
  3. Trial magnet production commencesJan 2025Complete.
  4. First magnet deliveries to General MotorsDec 2025Complete.
  5. 10X campus groundbreaking and engineering procurementTarget Q2 2026Not yet reached.
  6. 10X campus commissioningTarget 2028Not yet reached.

Most important updates

Upcoming

  1. Q2 202610X campus groundbreaking and engineering procurement (next)
  2. 202810X campus commissioning
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