Company/Division name | MP Materials |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Capital investment ($): | 500 |
City reshored to: | Mojave Desert |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Nonmetallic Mineral Products, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | rare earths |
What non-domestic negative factors made offshoring less attractive? | Strained offshore relationships, Supply chain interruption risk/Natural disaster risk/Political instability |