MP Materials Is Lifting Output of Rare-Earth Magnets. This Is Where.

Core Viewpoint - MP Materials is significantly increasing its production of rare-earth magnets, contributing to the U.S. efforts for rare-earth independence [1] Company Summary - MP Materials' stock has risen nearly 150% over the past 12 months, indicating strong market performance [1] - The company is expanding its 10X Magnet Manufacturing Facility located in Northlake, Texas, which is a key part of its growth strategy [1] Industry Summary - The U.S. is making rapid progress towards achieving rare-earth independence, with MP Materials playing a crucial role in this transition [1]