10X Facility — project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
Second, larger NdFeB permanent-magnet manufacturing facility under development as part of the Company's downstream build-out, advanced within the framework of the Department of War (DoW, formerly Department of Defense) public-private partnership. The DoW commitments include an NdPr price-floor protection agreement and capital support to accelerate an end-to-end U.S. rare earth magnet supply chain; once the 10X Facility reaches full production capacity, profit-sharing arrangements with the DoW apply.
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