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.Company Description
- CEO
- James Henry Litinsky
- Full Time Employees
- 998
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1700 S. Pavilion Center Drive Las Vegas NV United States of America 89135
- 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.
Company News
MP vs. NB: Which Critical Minerals Stock is the Better Buy?
MP Materials Stock: Bull vs. Bear on This Top Rare Earth Bet
MP Materials vs. Enterprise Products: Which "Boring" Business Actually Has the Better Growth Case?
Bank of New York Mellon Corp Makes New Investment in MP Materials Corp. $MP
Critical Metals Spikes 19%, MP Materials and United States Antimony Lag: Is the European Lithium Merger Driving the Move?
MP's Operating Cash Flow Turns Positive in Q2: More Upside Ahead?
Prediction: MP Materials' Aerospace Deal Is Just the First of Several
Is MP Materials Stock a Buy After Earnings?
First Majestic Silver vs. MP Materials: Which Metals Stock Is a Better Buy in 2026?
MP Materials vs. The Metals Company: Which Rare-Earth Bet Actually Pays Off First?
USA Rare Earth Rises 8%, Critical Metals Jumps 10%, MP Materials Climbs 5% as the Resource Sector Catches a Bid
MP's Materials Segment 1H26 Revenues Jump 80%: Can This Momentum Last?
Trump's $500 Million Critical Minerals Push: 5 Battery Stocks That Could Benefit
United States Antimony Jumps 8% on $100M Buyback, USA Rare Earth Slips, MP Materials Holds Flat
Rare Earth Stocks Drop Tuesday as AI Fears Grow: USA Rare Earth and MP Materials Slide
Should You Buy MP Materials Stock at $58?
MP Materials Stock Surges Friday Amid Defense Policy Shifts
MP Sees 68% Surge in Revenues in 1H26: Can This Momentum Last?
Rare Earth Stocks Soar on Friday: MP Materials Up 8%, USA Rare Earth Up 9%, NioCorp Up 3%. What's Behind the Jump?
USA Rare Earth Gains 7%, MP Materials Jumps 8%: Here's Why Critical Minerals Are Moving Today