MP

MP Materials

Basic Materials Other Industrial Metals & Mining NYSE

About the company

Located in Mountain Pass, California, MP Materials Corp stands as the leading producer of rare earth materials in the Western Hemisphere. With impeccable technological expertise and a strong commitment to sustainability, the company plays a vital role in ensuring a secure and reliable supply chain for rare earth elements. At the heart of MP Materials' operations lies the Mountain Pass Rare Earth Mine and Processing Facility. This massive facility stands as the sole rare earth mining and processing site of scale in North America, offering a significant advantage in terms of supply chain resilience and reduced dependency on foreign sources. The Mountain Pass Rare Earth Mine covers an expansive area and holds a rich deposit of rare earth ore. The extracted ore undergoes a meticulously designed process to isolate and refine the valuable rare earth elements. To achieve this, the mine employs state-of-the-art technologies, leveraging advanced equipment and stringent environmental control measures. The rarity and importance of rare earth elements cannot be overstated. These elements, which include cerium, lanthanum, neodymium, and many others, are crucial in the production of a wide range of cutting-edge technologies. From smartphones and electric vehicles to wind turbines and defense systems, rare earth elements are integral to the advancement of modern society. By producing significant quantities of rare earth materials, MP Materials Corp plays a critical role in supporting numerous industries. The company's impeccable mining and processing operations ensure a steady supply of these essential elements, thereby reducing the risk of shortages and supporting technological innovation. In addition to its focus on rare earth production, MP Materials Corp places a strong emphasis on sustainability and responsible mining practices. The company strives to minimize its environmental impact through various initiatives. These include utilizing renewable energy sources, implementing efficient water management systems, and adhering to rigorous land reclamation procedures. By prioritizing sustainability, MP Materials Corp aims to lead the industry in responsible mining and contribute to a more sustainable future. Moreover, MP Materials Corp recognizes the importance of fostering strong partnerships and collaborations within the supply chain. The company actively engages with stakeholders, including government entities, industry associations, and local communities. By establishing transparent and cooperative relationships, MP Materials Corp ensures the responsible development of rare earth resources while simultaneously contributing to the economic growth of the region. MP Materials Corp's commitment to excellence extends beyond its mining and processing operations. The company continually invests in research and development to explore innovative methods for rare earth extraction, processing, and recycling. By embracing technological advancements and encouraging scientific breakthroughs, MP Materials Corp positions itself at the forefront of the industry, spearheading the evolution of rare earth material production. In conclusion, MP Materials Corp stands as a beacon of rare earth material production in the Western Hemisphere. Through its Mountain Pass Rare Earth Mine and Processing Facility, the company ensures a reliable and sustainable supply of these critical elements. As the world becomes increasingly reliant on technologies powered by rare earth materials, MP Materials Corp's significant contributions play a vital role in supporting innovation, economic growth, and a greener future.

Website: https://mpmaterials.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Basic Materials · 228 peers in sector

Metric MP Sector median Vs. industry
P/E - 20.56
EPS -0.40 USD 0.17 USD ↓ Below average
Dividend yield 0.00% 0.00%
Profit margin -20.48% 0.35% ↓ Below average
ROE -4.17% 0.72% ↓ Below average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is MP Materials?
Located in Mountain Pass, California, MP Materials Corp stands as the leading producer of rare earth materials in the Western Hemisphere. With impeccable technological expertise and a strong commitment to sustainability, the company plays a vital role in ensuring a secure and reliable supply chain for rare earth elements. At the heart of MP Materials' operations lies the Mountain Pass Rare Earth Mine and Processing Facility. This massive facility stands as the sole rare earth mining and processing site of scale in North America, offering a significant advantage in terms of supply chain resilience and reduced dependency on foreign sources. The Mountain Pass Rare Earth Mine covers an expansive area and holds a rich deposit of rare earth ore. The extracted ore undergoes a meticulously designed process to isolate and refine the valuable rare earth elements. To achieve this, the mine employs state-of-the-art technologies, leveraging advanced equipment and stringent environmental control measures. The rarity and importance of rare earth elements cannot be overstated. These elements, which include cerium, lanthanum, neodymium, and many others, are crucial in the production of a wide range of cutting-edge technologies. From smartphones and electric vehicles to wind turbines and defense systems, rare earth elements are integral to the advancement of modern society. By producing significant quantities of rare earth materials, MP Materials Corp plays a critical role in supporting numerous industries. The company's impeccable mining and processing operations ensure a steady supply of these essential elements, thereby reducing the risk of shortages and supporting technological innovation. In addition to its focus on rare earth production, MP Materials Corp places a strong emphasis on sustainability and responsible mining practices. The company strives to minimize its environmental impact through various initiatives. These include utilizing renewable energy sources, implementing efficient water management systems, and adhering to rigorous land reclamation procedures. By prioritizing sustainability, MP Materials Corp aims to lead the industry in responsible mining and contribute to a more sustainable future. Moreover, MP Materials Corp recognizes the importance of fostering strong partnerships and collaborations within the supply chain. The company actively engages with stakeholders, including government entities, industry associations, and local communities. By establishing transparent and cooperative relationships, MP Materials Corp ensures the responsible development of rare earth resources while simultaneously contributing to the economic growth of the region. MP Materials Corp's commitment to excellence extends beyond its mining and processing operations. The company continually invests in research and development to explore innovative methods for rare earth extraction, processing, and recycling. By embracing technological advancements and encouraging scientific breakthroughs, MP Materials Corp positions itself at the forefront of the industry, spearheading the evolution of rare earth material production. In conclusion, MP Materials Corp stands as a beacon of rare earth material production in the Western Hemisphere. Through its Mountain Pass Rare Earth Mine and Processing Facility, the company ensures a reliable and sustainable supply of these critical elements. As the world becomes increasingly reliant on technologies powered by rare earth materials, MP Materials Corp's significant contributions play a vital role in supporting innovation, economic growth, and a greener future.
How big is MP Materials?
The market capitalization of MP Materials — the combined value of all its shares — is 12.34 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does MP Materials pay dividends?
The dividend yield of MP Materials is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does MP Materials belong to?
MP Materials operates in the Basic Materials sector, industry: Other Industrial Metals & Mining.

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