MP Materials Corp.

MP Materials Corp. is a leading American rare earth materials company that specializes in the mining, processing, and production of rare earth elements, particularly those used in high-performance magnets. Founded in 2017, the company operates the Mountain Pass mine in California, one of the world’s most significant sources of rare earth materials. MP Materials focuses on producing neodymium and praseodymium, which are critical inputs for electric vehicles, wind turbines, robotics, and advanced electronics. The company is actively working to build a fully integrated rare earth supply chain in the United States, including downstream magnet manufacturing capabilities. With a strong emphasis on strategic independence, technological development, and sustainable resource production, MP Materials plays a key role in strengthening domestic supply chains for critical minerals.