US MP to Launch Dysprosium & Terbium Output by Mid-2026

Published: Nov 10, 2025 18:02

Save

[SMM News: US MP to Commence Dysprosium and Terbium Production in 2026] US integrated rare earth producer MP Materials is expected to begin production of heavy rare earth elements, including dysprosium and terbium, by mid-2026. The new rare earth production line will process approximately 3,000 mt of raw material annually and yield over 200 mt of dysprosium and terbium. This capacity is sufficient to fully support MP's plan to produce 10,000 mt of high-performance NdFeB magnets per year. MP also plans to establish a "10X" magnet manufacturing plant, which is expected to commence operations in 2028, with its production fully backed by existing offtake agreements. Additionally, MP has committed to initiating samarium oxide production by 2028 and anticipates gadolinium will be the next element to enter production around the same period.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

Tianhe Magnetics: Rare Earth Product Prices Affected by Market Conditions, Policy Changes, and Industry Supply-Demand Cycles; H1 Net Profit Expected to Grow

4 hours ago

Jul 24, 2026 19:49

Pr-Nd Alloy Prices Drop 0.8% Weekly, Struggle with Low Demand and Raw Material Supply Tightness【SMM Analysis】

Pr-Nd alloy prices fell 0.8% WoW to 917,500 yuan/mt as weaker raw material prices and sluggish downstream demand weighed on the market. Despite a late-week rebound in raw materials, buying interest remained weak. Producers posted their first loss of the year, with margins falling to -1,076 yuan/mt due to tight Pr-Nd oxide supply and oversupplied alloy. Near-term prices are expected to remain rangebound amid firm costs but weak demand and cautious restocking.

Jul 24, 2026 19:49

Jul 24, 2026 18:55

AI Emerges as New Driver of Rare Earth Demand, Boosting Supply Chain Restructuring Efforts

Sprott Asset Management’s research suggests that Western countries are investing billions of dollars to restructure supply chains to meet rare earth demand from national defense and clean energy, but artificial intelligence (AI) is unexpectedly becoming a new driver of rare earth demand growth. The Toronto-based investment management firm said AI has now joined national defense and electrification as the third driver of rare earth demand growth, with the world’s top five hyperscale data center operators alone having pledged to invest $400 billion in 2025.

Jul 24, 2026 18:55