MP Materials Corp. Company Profile
NYSE: MPBasic MaterialsMetal MiningUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 46.39 +0.16%
MP Materials at a glance
MP Materials Corp. (NYSE: MP) is a Metal Mining company in the Basic Materials sector headquartered in Las Vegas, NV. MP Materials is led by Mr. James Henry Litinsky and employs about 998 people. The company's shares have traded publicly since 2020.
At a market capitalization of $8.64 billion, it is considered a mid-cap company. Its SEC Central Index Key (CIK) is 0001801368, which identifies the company's filings on EDGAR.
Summary generated from market data by MetaCap's automated system. Methodology
What does MP Materials do?
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics. The Materials segment owns and operates the Mountain Pass Rare Earth Mine and Processing facility located near Mountain Pass, San Bernardino County, California. The Magnetics segment produces magnetic precursor products, including NdPr metal; and manufactures NdFeB permanent magnets. MP Materials Corp. was founded in 2017 and is headquartered in Las Vegas, Nevada.
Business description based on the company's public filings.
Company information
- Legal name
- MP Materials Corp.
- Ticker
- NYSE: MP
- Sector
- Basic Materials
- Industry
- Metal Mining
- CEO
- Mr. James Henry Litinsky
- Employees
- 998
- Headquarters
- 1700 S. Pavilion Center Drive, Las Vegas, NV, United States
- Phone
- 702 844 6111
- Website
- mpmaterials.com
- IPO year
- 2020
- Market cap
- $8.64B
- SEC CIK
- 0001801368
Companies similar to MP Materials
| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| BVNBuenaventura Mining Company Inc. | 31.13 | -2.54% | $7.91B | vs MP |
| CLFCleveland-Cliffs Inc. | 12.06 | -1.55% | $6.88B | vs MP |
| AUGOAura Minerals Inc. | 82.02 | -5.37% | $6.88B | vs MP |
| HBMHudbay Minerals Inc. | 25.87 | -4.01% | $11.49B | vs MP |
| USARUSA Rare Earth Inc. Class A | 13.23 | -3.71% | $4.96B | vs MP |
| EROEro Copper Corp. | 36.78 | -3.03% | $3.84B | vs MP |
| NEXANexa Resources S.A. | 12.60 | +1.20% | $1.67B | vs MP |
| IEIvanhoe Electric Inc. | 9.77 | -5.88% | $1.56B | vs MP |