Veytics Intelligence
2026-09-29 · Yahoo

Texas Emerges as a Hub for America's Rare Earth Supply Chain

DALLAS, Sept. 29, 2026 /PRNewswire/ -- American News Group News Commentary - The global rare earth magnets market is projected to grow from approximately $21.98 billion in 2025 to about $30.01 billion by 2030, a compound annual growth rate of roughly 6.4%, according to a report from ResearchAndMarkets.com, driven by demand from electric vehicles, wind turbines, robotics and consumer electronics. Building a domestic supply chain to feed that demand is no longer only a federal project. Increasingly, it is being assembled state by state, and Texas is making a strong case to be at the center of it. Active Companies from around the markets with current developments this week include: Tactical Resources Corp. (NASDAQ: TREO), MP Materials Corp.

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