MP Materials Corp.

MP Materials Corp. is a leading producer of rare earth materials, specializing in the extraction, processing, and manufacturing of key elements essential for advanced technologies. The company operates through two main segments: Materials, which manages the Mountain Pass Rare Earth Mine and processing facility in California, and Magnetics, which focuses on the production of magnetic precursor products and permanent magnets. These rare earth materials are vital inputs for sectors such as transportation, energy, robotics, defense, and aerospace, enabling innovations like electric vehicles, wind turbines, and electronics. MP Materials is recognized as the largest rare earth producer outside China and holds a uniquely integrated position across the supply chain—from mining to finished magnet manufacturing—which enhances supply security, especially for North American and allied markets. The company pursues strategic collaborations, including partnerships with government bodies to strengthen domestic rare earth processing capabilities, contributing to broader efforts to restore and secure the U.S. supply chain for critical minerals. Founded in 2017, MP Materials is noted for its commitment to operational transparency, manufacturing revival, and the reinvigoration of American industry.