The Mountain Pass Rare Earth Mine and Processing Facility is the only scaled rare earth production source in North America and the Western Hemisphere.
In 2017, MP Materials initiated Stage I production of rare earth concentrate at Mountain Pass.
In 2022, MP Materials began commissioning Stage II assets at Mountain Pass to refine and produce separated rare earth products, including neodymium-praseodymium (NdPr) oxide.
Highlights Q2 2023: • Commenced production of separated rare earth products. • Initial NdPr oxide shipments expected in Q3 2023
Throughout 2022, MP Materials accelerated Stage III magnetics business, building a team from the ground up and constructing America’s first fully integrated NdFeB magnet manufacturing plant in decades. This facility, located in Fort Worth, Texas (Fort Worth Facility), will transform refined materials produced at Mountain Pass into metal, NdFeB alloy, and finished magnets. |