---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-112271"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:49:09.013195+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MP Materials begins construction on Texas magnetics factory; signs definitive supply deal with GM

## Summary
- Fort Worth facility to create ~150 direct and 1,300 indirect jobs; capacity for 500,000 EV motors/year.
- $700M investment over two years to restore full U.S. rare earth magnetics supply chain.
- Definitive supply agreement with GM to supply alloy and magnets for GM's Ultium Platform, starting late 2023.
- Facility will source feedstock from MP's Mountain Pass, CA site; closed-loop recycling planned.
- DoD awarded MP $35M in February for heavy rare earth separation at Mountain Pass.

## SEC filing metadata
- accession: 0001193125-22-112271
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000119312522112271/0001193125-22-112271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000119312522112271/d278075d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-112271
- JSON: https://secwatch.observer/filing/0001193125-22-112271.json
- Plain text: https://secwatch.observer/filing/0001193125-22-112271.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.