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MP Materials Corporation - Class A

Sector: Mining, Quarrying, and Oil and Gas Extraction
Industry: Dimension Stone Mining and Quarrying

34.15

1.97

(6.122%)

Volume:

3,667,747

52 week range:

10.8 - 51.77

Market Cap:

6.07B

Company Description:

MP Materials Corp. is the largest producer of rare earth materials in the Western Hemisphere. With over 270 employees, the Company owns and operates Mountain Pass, an iconic American industrial asset, which is the only rare earth mining and processing site of scale in the Western Hemisphere and currently produces approximately 15% of global rare earth content. Separated rare earth elements are critical inputs for the magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and many other high-growth, advanced technologies. MP Materials’ integrated operations at Mountain Pass uniquely combine low production costs with best-in-class environmental standards, thereby restoring American leadership to a critical industry with a strong commitment to sustainability.