Last week, we reported on the Department of Defense's $400 million investment in MP Materials, a rare earths producer, and the related off-take agreement designed to secure critical materials for US supply chains. To get an industry perspective, Proactive spoke with David Merriman, who leads Rare Earth Research at Project Blue, a consultancy focused on this sector.
Shares of MP Materials Corp. NYSE: MP took the entire market by surprise in the second week of July 2025, as the stock unexpectedly jumped by as much as 44.7% in that short period. While this could trigger most investors to look the other way, feeling that they have missed the boat and would likely land on the wrong side of a trade if they chase after the tock higher, the truth is that there are other factors still at play that can lead MP Materials stock into a higher level.
MP Materials Corp (NYSE:MP) has just experienced a significant breakthrough on Wall Street, and it can be attributed to one word: defense.
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Industrial Materials Industry | Basic Materials Sector | James Henry Litinsky CEO | XBER Exchange | US5533681012 ISIN |
US Country | 804 Employees | - Last Dividend | - Last Split | 22 Jun 2020 IPO Date |
MP Materials Corp., established in 2017 and headquartered in Las Vegas, Nevada, operates at the forefront of the rare earth materials sector. The company, alongside its subsidiaries, is dedicated to the production of these essential materials, primarily through its ownership and operational responsibilities over the Mountain Pass Rare Earth mine and processing facility—the only active rare earth elements mine in North America. MP Materials plays a critical role in the supply chain of rare earth minerals, holding not only the mineral rights to the Mountain Pass mine and its surrounding areas but also owning significant intellectual property rights related to the processing and development of these minerals. As such, the company is a pivotal player in supporting various sectors, including technology, defense, and renewable energy, by supplying them with necessary rare earth materials.
Rare Earth Materials Production
MP Materials Corp. specializes in the extraction, processing, and development of rare earth materials, leveraging the Mountain Pass mine’s rich deposits. These materials are crucial components in a wide range of applications, including magnets for electric vehicles, wind turbines, and various other technologies that are pivotal for the advancement of sustainable energy solutions and defense technologies.
Intellectual Property & Technological Development
The company boasts a suite of intellectual property rights that encompass unique and innovative methods for the processing and development of rare earth minerals. This expertise not only positions MP Materials as a leader in the rare earth sector but also enables it to offer specialized services related to mineral processing technology. Through this service, the company supports technological advancements and sustainability in industries dependent on rare earth materials.