MP MaterialsMP

MP Materials operates the Mountain Pass mine in California, the only active rare earth mine in the United States, and refines the ore on site. It also runs the Independence magnet plant in Fort Worth, Texas, which makes neodymium magnets for customers including General Motors. The U.S. Department of Defense took an equity stake and became its largest shareholder, and guarantees a floor price on the company's main NdPr product.

CEO James Litinsky · Founded 2017 · HQ Las Vegas, Nevada, United States · Exchange NYSE · Website mpmaterials.com

Predictions & track record (1)

• Awaiting grading What turned MP profitable was not magnet sales but a shortfall the Pentagon paid in cashTo be scored on whether MP Materials' 10X facility has entered 10,000-tonne-a-year magnet production by the end of 2028.

1 related posts

• Watch What turned MP profitable was not magnet sales but a shortfall the Pentagon paid in cash 메르 (ranto28) · 2026-08-12