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Area Development - Site Selection, Facility Planning and Workforce Development

MP Materials Plans Northlake, Texas, Rare Earth Manufacturing Operations

03/22/2026
Critical materials company MP Materials plans to establish operations in Northlake, Texas. The more than $1.25 billion project is expected to create approximately 1,500 jobs.

The investment will include the construction of a large-scale rare earth magnet manufacturing campus, 10X, located on a 120-acre site within AllianceTexas. Operations are scheduled to begin in 2028.

“10X is about building industrial strength at a scale the United States has not seen in generations, and the exceptional talent and infrastructure in North Texas make it possible,” said James Litinsky, Founder, Chairman & CEO, MP Materials. “We are advancing key objectives under our public-private partnership with the Department of War and accelerating America’s rare earth and magnet independence with an uncompromising focus on speed, execution, and delivery.”

This project is being supported by the State of Texas, Denton County, and the City of Northlake, which have approved an incentive package totaling roughly $200 million over more than a decade, including grants, abatements and exemptions. The package includes more than $66 million in grants from the Texas Enterprise Fund (TEF) and Texas Semiconductor Innovation Fund (TSIF), underscoring Texas’ leadership in next-generation manufacturing.

“Hardworking Texans will advance America’s semiconductor manufacturing independence,” noted Governor Greg Abbott. “This Texas-sized investment by MP Materials in Northlake will create more than 1,500 corporate, manufacturing, and engineering jobs and dramatically expand domestic manufacturing of rare earth magnets to reduce reliance on foreign supply chains. This expansion in North Texas reflects the strength of our skilled and growing workforce and our advanced manufacturing expertise. Working together with innovative industry partners, Texas will accelerate America’s leadership for decades to come.” MP Materials Corp. refines rare earth elements such as neodymium and praseodymium used in permanent magnets for electric vehicles, wind turbines, electronics, and defense systems. 10X will support the company’s public-private partnership with the U.S. Department of War (DoW).

“AllianceTexas continues to attract advanced manufacturing that creates jobs, diversifies our economy, and strengthens America’s supply chain. MP Materials has been a strong partner, and this competitive project demonstrates how city, county, and state leaders work together to secure significant new investment in North Texas,” added Ross Perot Jr., Chairman, Hillwood.

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