Rare earths have become big news lately. Contrary to the “rare” label, they're plentiful in our planet but mainly in China. And wherever they are, they're hard to produce. But (1) China and the U.S. aren't bosom buddies right now, so we worry about supply cutoffs. And (2) REEs are critical to many modern industries, and defense needs. MP and its deals with the U.S. and Apple (APPL) put it ahead of USAR. But the latter, though not as developed as MP, is also worth owning even without MP-like deals.
Wall Street analysts are now unanimous in being bullish on MP Materials' stock, after Morgan Stanley's Carlos De Alba upgraded it to overweight.
Traditionally, our economy and markets have been all about supply and demand. Industrial policy, that's for other places. Other governments pick winders. Ours doesn't.
| - Industry | - Sector | James Henry Litinsky CEO | XSTU 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.