MP Materials
MP Materials is America’s only fully integrated rare earth producer, operating the Mountain Pass mine and processing facility in California — one of the world’s richest rare earth deposits — as well as its Independence magnet manufacturing facility in Fort Worth, Texas, where it produces finished NdFeB permanent magnets from domestically mined and refined material.
The company’s vertically integrated platform covers the complete supply chain from ore extraction through rare earth separation, metallization, alloy production, and sintered magnet manufacturing, serving the electric vehicle, robotics, defense, aerospace, and renewable energy sectors with a supply chain provenance and accountability that is essentially unmatched in the Western world. MP Materials is a publicly traded company (NYSE: MP) and is particularly recognized for its supply agreement with General Motors for EV traction motor magnets, its DoD partnerships, and its stated mission to restore the full rare earth supply chain to the United States after decades of offshoring.