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Company Directory - MP Materials

Company Details - MP Materials

MP Materials Logo

MP Materials

Website

NYSE: MP 

MP Materials is one of the largest producers of rare earth materials in the Western Hemisphere, focusing on the critical supply chain needed for industries such as electronics, clean energy, and automotive.

CCI Score

CCI Score: MP Materials

25.53

-0.01%

Latest Event

CEO Warns of US Supply Chain Risk from Chinese Export Restrictions

MP Materials CEO James Litinsky publicly warned that China's recent export restrictions on critical rare earth metals and magnets pose a serious risk to the US military supply chain amid escalating trade tensions, highlighting vulnerabilities in strategic industries essential to national security.

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DISSENTER

MP Materials is currently rated as a Dissenter.

+25 to +44 CCI Score
These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

  • CEO Warns of US Supply Chain Risk from Chinese Export Restrictions Logo
    APR
    14
    2025

    MP Materials CEO James Litinsky publicly warned that China's recent export restrictions on critical rare earth metals and magnets pose a serious risk to the US military supply chain amid escalating trade tensions, highlighting vulnerabilities in strategic industries essential to national security.

  • MP Materials 2024 Political Finance and Lobbying Report Logo
    FEB
    06
    2025

    According to OpenSecrets, during the 2024 cycle MP Materials contributed $236,350 in campaign finances and spent $490,000 on lobbying. These figures were compiled from FEC, Senate Office of Public Records, and other government sources, indicating the company's engagement in political contributions and lobbying activities.

  • -20

    Political Contributions and Lobbying Efforts

    April 14

    The OpenSecrets profile reveals that MP Materials engaged in notable political contributions and lobbying expenditures during the 2024 cycle. Such financial influence can enable corporate interests to sway public policy, potentially undermining democratic accountability and contributing to the erosion of progressive oversight. From an anti-fascist perspective, the use of corporate funds to influence political outcomes is concerning as it may facilitate support for authoritarian policies.

    MP Materials Profile: Summary - OpenSecrets

  • Restoration of U.S. Rare Earth Magnet Production Logo
    JAN
    22
    2025

    MP Materials has resumed commercial production of neodymium-praseodymium metal and initiated trial production of automotive-grade sintered NdFeB magnets at its Independence facility in Texas, marking a significant step in reestablishing a fully integrated, domestic rare earth magnet supply chain.

  • +50

    Technology and Services Impact

    April 14

    The restoration of domestic rare earth magnet production enhances U.S. technological competitiveness and reduces dependency on potentially authoritarian-controlled foreign supply chains, thus supporting strategic national security and economic resilience.

    MP Materials Restores U.S. Rare Earth Magnet Production

  • +45

    Economic and Structural Influence

    April 14

    By ramping up production at its Independence facility and leveraging its Mountain Pass operations, MP Materials is strengthening the domestic supply chain in a critical industry, which reduces dependency on foreign sources often linked to authoritarian practices.

    MP Materials Restores U.S. Rare Earth Magnet Production

  • Construction of Texas Rare Earth Magnetics Factory Logo
    APR
    21
    2022

    MP Materials began construction of its rare earth magnetics manufacturing facility in Fort Worth, Texas as part of a $700 million investment to restore the full U.S. supply chain. The project, announced with a definitive supply agreement with General Motors, is set to create approximately 150 high-skill jobs and 1,300 indirect jobs while emphasizing sustainable and integrated recycling practices.

  • +50

    Public and Political Behavior

    April 14

    The project has received bipartisan public and political support from various elected officials, highlighting its role in restoring the U.S. supply chain and reducing reliance on authoritarian foreign sources. This commitment to domestic production aligns with principles that oppose authoritarian influence in critical industries.

    MP Materials Begins Construction on Texas Rare Earth Magnetics Factory to Restore Full U.S. Supply Chain

  • +50

    Business Practices and Ethical Responsibility

    April 14

    MP Materials’ investment in a state-of-the-art facility demonstrates a commitment to ethical business practices by creating domestic jobs and implementing sustainable operations, including integrated recycling processes. This effort supports a resilient and transparent supply chain that benefits local communities.

    MP Materials Begins Construction on Texas Rare Earth Magnetics Factory to Restore Full U.S. Supply Chain

  • +40

    Economic and Structural Influence

    April 14

    The facility represents a significant economic initiative that strengthens the U.S. manufacturing base and supply chain, reducing dependency on authoritarian sources. By creating jobs and securing critical materials domestically, MP Materials enhances the national economic framework and security.

    MP Materials Begins Construction on Texas Rare Earth Magnetics Factory to Restore Full U.S. Supply Chain

Corporate Financials

Revenue
2025
$240.00M
Total Assets
2025
$300.00M
Operating Income
2025
$80.00M
Total Equity
2025
$200.00M

Industries

2123
Nonmetallic Mineral Mining and Quarrying
3314
Nonferrous Metal (except Aluminum) Production and Processing
5417
Scientific Research and Development Services