MP Materials Corporation (MP) USD0.0001
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Business summary
MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass) in North America, and is constructing a rare earth metal, alloy and magnet manufacturing facility in Fort Worth, Texas (the Fort Worth Facility). The Company produces rare earth concentrate products as well as refined rare earth oxides and related products. It is producing separated rare earth products, including neodymium-praseodymium (NdPr) oxide. The Company has a distributorship agreement with Sumitomo Corporation of Americas (Sumitomo), under which Sumitomo serves as the exclusive distributor of the NdPr oxide and NdPr metal produced by the Company to Japanese customers.
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Important dates
General stock information
- Short code:
- MP
- ISIN:
- US5533681012
- Market cap:
- $1.92 billion
- Shares in issue:
- 165.38 million
- Sector:
- Diversified Metals & Mining
- Exchange:
- -
- Country:
- United States
- Currency:
- US dollar
- Indices:
- n/a
Key personnel
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