MP

MP Materials Corp. (NYSE:MP) is the only rare earth mining and processing company in the United States, operating the Mountain Pass mine in California. Founded in 2017, the company acquired and revitalized the historic Mountain Pass facility, which had been dormant since 2015. MP Materials has positioned itself as a critical supplier of rare earth elements essential for electric vehicles, wind turbines, defense applications, and emerging technologies. The company is pursuing a vertical integration strategy, expanding from basic rare earth concentrate production to manufacturing finished magnetic products for automotive and industrial customers.