MP Materials Corporation (MP) USD0.0001

Sell:$24.75Buy:$25.40$0.76 (3.11%)

Prices delayed by at least 15 minutes
Sell:$24.75
Buy:$25.40
Change:$0.76 (3.11%)
Prices delayed by at least 15 minutes
Sell:$24.75
Buy:$25.40
Change:$0.76 (3.11%)
Prices delayed by at least 15 minutes

Company Information

About this company

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) located in California. It is also developing a rare earth metal, alloy and magnet manufacturing facility in Fort Worth, Texas (Independence Facility). The Company’s segments include Materials and Magnetics. The Materials segment operates Mountain Pass, which produces refined rare earth products as well as rare earth concentrate and related products. The Materials segment primarily generates revenue from sales of rare earth concentrate, primarily sold for further distribution to a single, principal customer in China, and sales of neodymium-praseodymium (NdPr) oxide and metal, primarily sold to customers in Japan, South Korea, and broader Asia. The Magnetics segment operates the Independence Facility, where it produces magnetic precursor products.

Key people

James H. Litinsky
Chairman of the Board, Chief Executive Officer, Founder
Ryan Corbett
Chief Financial Officer
Michael Rosenthal
Chief Operating Officer
Elliot D. Hoops
General Counsel, Secretary
Arnold W. Donald
Independent Director
Connie K. Duckworth
Independent Director
Maryanne R. Lavan
Independent Director
Andrew A. Mcknight
Independent Director
Richard B. Myers
Independent Director
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Key facts

  • EPIC
    MP
  • Location
    United States
  • Sector
    Basic Materials
  • Industry
    Metal Mining
  • ISIN
    US5533681012
  • Market cap
    $4.24bn
  • Employees
    804
  • Shares in issue
    178.69m
  • Exchange
    New York Stock Exchange
  • Index
    S&P 600 Small Cap, TR Equity United States Index

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