Wire · technology
How MP Materials picked Fort Worth to restart US rare earth supply chain
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 2 October 2026 · Fusion42 review
MP Materials established a rare earth magnet manufacturing factory in Fort Worth to revive US supply chains dominated by China, supported by local infrastructure, workforce, and government partnerships including a major contract with GM and backing from the Department of Defense.
This Wire brief sits within Fusion42's coverage of Industrial, and 2 sources have reported it between 26 Sep 2026 and 2 Oct 2026.
◆ ◆ The Wire takeaway
You gain a clearer route to US rare earth magnet supply with MP Materials scaling up in Fort Worth backed by big contracts and government support. Your hardware or industrial startup can tap a growing local supply chain that China once dominated.
◆ Coverage
2 sources · first reported 26 Sep 2026 · latest 2 Oct 2026
◆ Related on Wire
◆ Topics