MP Materials

MP Materials owns and operates the Mountain Pass rare earth mine and processing facility in the United States. It focuses on neodymium-praseodymium (NdPr), used in high-strength permanent magnets for motors in electric vehicles, robotics and drones.

MPLas Vegas, Nevada, United StatesRaw materialsPentagon preferred stock purchase, 2025 $400M (as of Jul 10, 2025)

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