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About MP Materials Corp. / DE
MP Materials Corp. engages in the production and marketing of rare earth specialty materials. The company is headquartered in Las Vegas, Nevada and currently employs 681 full-time employees. The company went IPO on 2020-04-30. The firm 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 firm produces rare earth concentrate products as well as refined rare earth oxides and related products. The company is producing separated rare earth products, including neodymium-praseodymium (NdPr) oxide. The firm 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.
Industry: Metal Mining Peers: 5E Advanced Materials, Inc. Ameritrust Corp MATERION Corp COMPASS MINERALS INTERNATIONAL INC Piedmont Lithium Inc.