With the scale and capability of their facilities, MP Materials is trying to become a “magnet champion” in the Western Hemisphere, said Matt Sloustcher, MP Materials’ senior vice president of communications and policy.

“What we’re trying to do is build a full magnetic supply chain, and we want to be able to make all the necessary materials and recycle the necessary materials to have that magnetic supply chain,” he said.

https://www.nationaldefensemagazine.org/articles/2023/2/10/us-begins-forging-rare-earth-supply-chain