Latest MP Materials News & Updates

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MP Materials

Integrated rare earth producer and permanent magnet manufacturer

mpmaterials.com
Headquarters
Las Vegas, United States
Founded year
2017
Company type
Public company
Number of employees
1,000–5,000
Industry
Non-Gold Precious Metals & Minerals

Last updated

Latest news about MP Materials

In short: MP Materials achieved record rare earth production in Q1 2026 and advanced a $1.25 billion magnet factory to secure U.S. supply chains.

Company announcements

MP Materials

MP Materials reports Q1 2026 results

Record NdPr production and sales increase 63% and 117% YoY. Revenue reaches $90.6M, Adjusted EBITDA $36.6M. Breaks ground on 10X facility.

MP Materials

MP Materials receives $18.5 million tax credit

The award from CalCompetes supports their advanced recycling circuit at Mountain Pass. They thank GO-Biz for backing innovation and manufacturing.

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Media coverage

Yahoo Finance

China’s Rare Earth Strategy Is Forcing a U.S. Manufacturing Revolution

Escalating Chinese export controls are driving a major push to establish a secure North American...

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