Is there any hope for the Trump magnet?

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MP Materials launches Project Swarm to coordinate US drone magnet demand and lock in domestic capacity

MP Materials launched 'Project Swarm' to aggregate rare earth magnet demand from U.S. and allied drone, robotics, and motor makers. The program aims to reserve future production capacity at its Northlake, Texas plant to mitigate foreign supply-chain risks. Participants gain priority access without binding commitments, providing MP with demand visibility for investment ahead of expanded 2027 DFARS requirements.

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