MP Materials Corp.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- James Henry Litinsky
- Full Time Employees
- 804
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 6720 Via Austi Parkway Las Vegas NV United States of America 89119
- IPO Date
- Jun 22, 2020
- CIK
- 0001801368
- Website
- mpmaterials.com
- Similar Companies
- Business
- MP Materials Corp. (NYSE: MP), founded in 2017 and headquartered in Las Vegas, Nevada, is a leading producer of rare earth materials and magnetics in the Western Hemisphere; the company owns and operates the Mountain Pass rare earth mine and processing facility in San Bernardino County, California, the only scaled rare earth mining and processing site in North America, where it mines high-grade ore, produces high-purity rare earth concentrates through flotation, and separates key oxides including neodymium-praseodymium (NdPr) and lanthanum-cerium (LaCe); MP Materials also manufactures magnetic precursor products, rare earth metals, alloys, and high-performance magnets at its Independence facility in Fort Worth, Texas. The company serves critical sectors such as electric vehicles, wind turbines, robotics, defense, and renewable energy, with operations focused on restoring a full-cycle domestic rare earth supply chain to reduce reliance on foreign sources. MP Materials organizes its business into two segments: Materials, encompassing mining, concentrating, separation, and refining at Mountain Pass; and Magnetics, covering metal, alloy, and magnet production. In recent developments, MP Materials entered a transformational public-private partnership with the U.S. Department of Defense in 2025, securing $400 million in preferred stock investment making DoD its largest shareholder, a $150 million loan for heavy rare earth separation expansion at Mountain Pass, a 10-year NdPr price floor commitment at $110 per kg, and a 10-year offtake agreement for 100% of output from its new 10X magnet manufacturing facility slated to boost total U.S. magnet capacity to 10,000 metric tons by 2028; the company obtained $1 billion in financing commitments from JPMorgan Chase and Goldman Sachs for the 10X Facility construction. Additional strategic alliances include a November 2025 joint venture with Saudi Arabian Mining Company (Maaden) to develop a vertically integrated rare earth supply chain in Saudi Arabia encompassing mining, processing, and magnetics, expanding MP Materials' global footprint while aligning with U.S. national security objectives. The company reported record NdPr oxide production of 478 metric tons in Q1 2025, a 76% sequential increase, alongside commissioning of its Texas magnetics facility and ongoing optimizations at Mountain Pass to achieve positive midstream gross margins.
Here's Why Shares in MP Materials Declined in June
MP's Materials Segment Hits Record Levels in Q126: Can Momentum Last?
2 Reasons to Buy MP Materials Stock, and 1 Reason to Sell
The Big Paint vs Rare Earth Faceoff: One Stock to Buy Right Now for 2026 and Beyond
TMC The Metals Company vs. MP Materials: 1 of These Industrial Stocks Is a Far Better Bet Right Now
Could Buying These 3 Rare Earth Stocks Make You Rich?
3 Reasons Contrarians Should Target MP Materials Stock
MP's Q126 Revenues up 49%: Can Its Momentum Continue in 2026?
Energy Fuels Just Made a Bold Bet on Rare Earth Magnets
Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
MP Materials' Cash Flow Still Negative: Any Relief in Sight?
MP Materials Corp. (MP) Presents at J.P. Morgan Natural Resources Conference 2026 Transcript
Why China's Ban Gave a Boost to MP Materials and USA Rare Earth
A Greenland Rare Earth Story Is Accelerating as the West Races to Break China's Magnet Grip
A Greenland Rare Earth Story Is Accelerating as the West Races to Break China's Magnet Grip
Cramer Passes On NioCorp And SoundHound — But Says One Stock Is 'Time To Buy'
My Favorite Rare Earth Stock To Buy For The Next 10 Years
U.S. Military Expert Issues Grave Warning: ‘We Need More Munitions, and Deliveries Are Years Behind.' What Stocks Can Benefit?
U.S. Government-Backed MP Materials Stock Is Down 42% From Its 52-Week High. Is It Time to Buy the Dip?
Pentagon Bets $725M On Energy Fuels — 5 Rare Earth Stocks To Watch