Texas ยท state page
Rare earth mines, projects and companies in Texas
Texas has 1 tracked rare earth mine or project: Round Top. None is producing rare earths yet: 1 in development. It also has 4 tracked rare earth plants and mills: Independence magnet plant (operating), 10X magnet campus (under construction), San Marcos magnet plant (operating) and Dallas-Fort Worth recycling and manufacturing hub (planned). Lynas USA (planned Seadrift plant) is also tracked here.
MP Materials makes magnets at Independence in Fort Worth and is building a second campus at Northlake, and Round Top in Hudspeth County is a heavy-rare-earth-rich rhyolite deposit.
The USGS also describes Wind Mountain in Texas as a historic or prospect rare earth deposit that is not tracked as a project here; see historic and prospect deposits.
Verified through Oct 1, 2026
- Sites on the map
- 5Mines, projects, mills and plants
- Mines and projects
- 1
- Plants and mills
- 4
- Companies and pilots
- 5Tracked in the state
Which rare earth mines and plants are in Texas?
5 sites are tracked in Texas: 2 operating, 1 under construction, 1 in development and 1 planned. The table gives the owner and the next step for each.
| Site | Layer | Status | Owner or operator | Next step or status note |
|---|---|---|---|---|
| Independence magnet plantFort Worth, Texas | Magnet manufacturing | Plant operating | MP Materials | Began making NdFeB magnets in Dec 2025 |
| San Marcos magnet plantSan Marcos, Texas | Magnet manufacturing | Plant operating | Noveon Magnetics | Uses recycled magnet feedstock |
| 10X magnet campusNorthlake, Texas | Magnet manufacturing | Plant building | MP Materials | Construction under way; commissioning from 2028; more than $1.25B |
| Round TopHudspeth County (near Sierra Blanca), Texas | Mines and projects | Development | USA Rare Earth | Definitive feasibility study due Q4 2026; commercial production target 2028 |
| Dallas-Fort Worth recycling and manufacturing hubDallas-Fort Worth, Texas | Recycling | Plant planned | HyProMag USA | About 125,000 sq ft leased; commissioning targeted mid-2027; site coordinates approximate Status is company-reported. |
Mines and projects link to their own profile. Plants link to the profile of the company that operates them. See the map page for how precise each pin is.
Verified Oct 1, 2026
What permits do rare earth projects in Texas need?
The summary comes from the permits section of the Round Top profile, where the sources are listed.
-
Round Top Development
Round Top needs mining and environmental permits from the Texas Commission on Environmental Quality and a lease from the Texas General Land Office. Residents of Sierra Blanca and environmental groups have raised concerns about beryllium dust, heap leaching waste and water.
Read the permits and community section on the Round Top profile
Which rare earth companies are based or building in Texas?
MP Materials (Independence magnet plant and 10X magnet campus), USA Rare Earth (Round Top), Noveon Magnetics (headquartered in San Marcos, with San Marcos magnet plant), HyProMag USA (Dallas-Fort Worth recycling and manufacturing hub) and Lynas USA (planned Seadrift plant) are tracked in Texas.
| Company | Why it is in Texas | Role | Listing | Government support |
|---|---|---|---|---|
| MP Materials | Independence magnet plant; 10X magnet campus | Miner, separator, metal and magnet maker | NYSE: MP | DoD $400M preferred stock and $110/kg NdPr floor (completed) |
| USA Rare Earth | Round Top | Developer and magnet maker (mine to magnet) | Nasdaq: USAR | Commerce up to $1.6B, definitive agreements (Jun 2026), milestone-based; plus announced support for Serra Verde in Brazil |
| Noveon Magnetics | Headquarters (San Marcos, Texas); San Marcos magnet plant | Magnet maker and recycler (private) | Private | None recorded |
| HyProMag USA | Dallas-Fort Worth recycling and manufacturing hub | Magnet recycler (Mkango/CoTec venture) | Private venture | EXIM letter of interest, up to $92M |
| Lynas USA | Planned Seadrift plant | Planned heavy rare earth plant (Seadrift, TX), Lynas Rare Earths subsidiary | Parent: ASX: LYC | Department of War binding letter of intent, about $96M of oxide purchases |
A company with several sites appears on each state page where it has one. Companies without a link have no profile yet. Government support is the company-wide summary and is not allocated to a state.
What happens next with rare earths in Texas?
4 dated milestones are on the directory's calendar for Texas. The next step for each project is in the table above.
Dated milestones
- Q4 2026 Round Top definitive feasibility study USA Rare Earth expects the study to complete in Q4 2026, with publication in Q1 2027.
- Mid-2027 HyProMag USA Texas commissioning target HyProMag USA targets commissioning of its Dallas-Fort Worth magnet recycling and manufacturing hub, subject to final permitting and financing.
- 2028 MP Materials 10X commissioning and first samarium MP Materials expects the 10X campus in Northlake, Texas to begin commissioning and plans first samarium production.
- H2 2028 Round Top first commercial production target USA Rare Earth targets first commercial production at Round Top in the second half of 2028.
What has happened recently with rare earths in Texas?
The latest dated changes involving companies and projects in Texas are listed here, newest first. The updates log records changes to the facts themselves.
- Aug 2026 USA Rare Earth closes its Texas Mineral Resources acquisition USA Rare Earth now holds 100% of the Round Top project.
What government support is going to rare earth companies in Texas?
State and local bodies in Texas have 2 tracked incentives for rare earth companies. 5 federal support items are tracked for companies with a site or headquarters here, each with a status.
| Company | Body | Instrument | Amount | Status |
|---|---|---|---|---|
| MP Materials | State of Texas, Denton County and the City of Northlake | Incentive package for the 10X campusFeb 2026. State and local package; not federal money. | About $200M | Closed |
| USA Rare Earth | State of Texas (Semiconductor Innovation Fund) | Grant for Round Top2026. State, not federal, funding. | $14.2M | Closed |
State and local items are listed apart from federal support and are never added to its totals. An authorization is not an award.
| Company | Agency | Instrument | Amount | Status |
|---|---|---|---|---|
| USA Rare Earth | Department of Commerce (CHIPS) | Up to $277M funding plus up to $1.3B senior secured loanJun 3, 2026 | Up to $1.6B | Conditional |
| MP Materials | Department of Defense (Department of War) | Convertible preferred stockJul 2025 | $400M | Closed |
| MP Materials | Department of Defense (Department of War) | Loan to extend heavy rare earth refining to samarium oxide separationAug 2025 | $150M | Closed |
| Lynas USA | Department of War | Binding letter of intent, oxide purchases over four yearsMar 2026 | About $96M | Announced |
| HyProMag USA | EXIM | Letter of interest2025 to 2026 | Up to $92M | Non-binding |
These amounts attach to companies, not to sites in this state: many of the companies have projects elsewhere. Do not add them up as spending in the state. The government support tracker has the terms and sources.
Which neighboring states have rare earth projects?
Oklahoma and Louisiana border Texas and have tracked rare earth sites, companies or pilots.
- 1 Oklahoma 1 site: Stillwater magnet plant
- 3 Louisiana 3 sites: Louisiana Strategic Metals Complex, Port of Vinton separation facility and Gramercy bauxit
All states: rare earth mines, projects and companies by US state.
Questions about rare earth in Texas
Does Texas have rare earth mines?
Texas has 1 tracked rare earth mine or project: Round Top (in development). None produces rare earths today, and the only active primary rare earth mine in the United States is Mountain Pass in California.
Which rare earth companies are based or building in Texas?
MP Materials (Independence magnet plant and 10X magnet campus), USA Rare Earth (Round Top), Noveon Magnetics (headquartered in San Marcos, with San Marcos magnet plant), HyProMag USA (Dallas-Fort Worth recycling and manufacturing hub) and Lynas USA (planned Seadrift plant) are tracked in Texas.
Are any rare earth plants operating in Texas?
Independence magnet plant and San Marcos magnet plant are operating. The others are 10X magnet campus (under construction) and Dallas-Fort Worth recycling and manufacturing hub (planned).
Has Texas or a local government supported rare earth projects?
Yes: About $200M for MP Materials (incentive package for the 10X campus, awarded) and $14.2M for USA Rare Earth (grant for Round Top, awarded). State and local items are tracked apart from federal support and are not added to its totals.
Sources and verification
Each profile lists its sources, a confidence grade and a verification date. Order of authority: official records (SEC filings, agency documents), company documents and technical reports, research papers, then independent press. Syndicated copies and reference works are labeled and are never the only source for a number. Company-reported figures are labeled as such, and non-binding deals are labeled "letter of intent" or "conditional".
- USA Rare Earth Q2 2026 results (SEC) Official record
- USA Rare Earth 8-K on the Commerce definitive agreements (SEC, Jun 2026) Official record
- USGS Mineral Commodity Summaries 2026 Official record
- MP Materials Q2 2026 results Company document
- Pulse 2: Noveon Magnetics $215M Series C (Jan 2026) Syndicated copy
- Noveon: Series C announcement Company document
- Mkango: HyProMag USA to commence preparatory work in Dallas-Fort Worth (Jun 2026) Syndicated copy
- Mkango: HyProMag USA finalizes a long-term lease (Dec 2025) Syndicated copy
- Engineering News: Lynas one step closer to supplying rare earths to the US War Department (Mar 2026) Independent press
- Mining Weekly: Lynas flags uncertainty over Texas rare earths plant (Aug 2025) Independent press
- OSTI review, Minerals Engineering 249 (Kashyap et al., 2026) Research paper
Tags show what kind of source each link is. How sources are ranked