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![TheEconomist Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::5988062.png) The Economist [@TheEconomist](/creator/twitter/TheEconomist) on x 27M followers
Created: 2025-07-21 12:40:11 UTC

The money will allow MP Materials, with operations including a mine in California and a factory in Texas, to dramatically increase production of the magnets needed for fighter jets, electric vehicles, smartphones and more

![](https://pbs.twimg.com/card_img/1945846792219713536/M2hFlgMc?format=jpg&name=800x419)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947275412632945087/c:line.svg)

**Related Topics**
[electric vehicles](/topic/electric-vehicles)
[money](/topic/money)
[$mp](/topic/$mp)

[Post Link](https://x.com/TheEconomist/status/1947275412632945087)