Newsroom
Press Release
04/01/2024
MP Materials (NYSE: MP) has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility.
Read Press ReleasePress Release
02/23/2023
MP Materials Reports Fourth Quarter and Full Year 2022 Results
Read Press ReleasePress Release
02/21/2023
MP Materials and Sumitomo Corporation Strengthen Rare Earth Supply in Japan
Read Press ReleasePress Release
11/03/2022
MP Materials Reports Third Quarter 2022 Results and Begins Stage II Commissioning
Read Press ReleasePress Release
04/21/2022
MP Materials Begins Construction on Texas Rare Earth Magnetics Factory to Restore Full U.S. Supply Chain
Read Press ReleasePress Release
02/24/2022
MP Materials Reports Fourth Quarter and Full Year 2021 Results
Read Press ReleasePress Release
02/22/2022
MP Materials Awarded Department of Defense Heavy Rare Earth Processing Contract
Read Press ReleasePress Release
12/09/2021
MP Materials to Build U.S. Magnet Factory, Enters Long-Term Supply Agreement with General Motors
Read Press ReleasePress Release
12/09/2021
General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S.
Read Press ReleaseHow one rare earth mine could change the U.S.’s dependence on China
07/27/2021
The Department of Defense is spending millions at a rare earth mine in Mountain Pass, California. CNBC’s Brian Sullivan reports.
Watch VideoThe rare earth industry is drawing supply chain lessons from the semiconductor shortage
06/07/2021
The global computer chips shortage that began worsening late last year has disrupted supply chains around the world, snarling production of everything from cars to phones to household appliances. And the rare earth industry is watching closely.
Read ArticleMP Materials has mission to restore rare earths in US, CEO says
06/03/2021
James Litinsky discusses his company's goal to alleviate dependency on China for crucial materials.
Watch VideoMine near Las Vegas produces much of world’s rare earth materials
05/29/2021
Longtime gold and copper miner Robby Ruesch stands above a massive open-pit mine, owned by Las Vegas-based firm MP Materials and considered the world’s second-largest producer of rare earth minerals.
Read ArticleWhy rare earth permanent magnets are vital to the global climate economy
05/14/2021
(QZ) - From the US to Europe, there is growing awareness that an over-reliance on China for rare earths presents economic and national security risks. One high-stakes arena that could shape the trajectory of the global climate economy is the rare earth permanent magnet industry.
Read ArticleUS seeks to challenge China on rare-earth elements, key ingredients in Biden's energy plan
05/09/2021
(FOX) - China has invested at least $60 billion to support its electric vehicle industry, CNBC reported in March. And U.S. EV giant Tesla built its first overseas factory near Shanghai in 2020 to secure a foothold in the Asian market.
Read ArticleTHE U.S. IS TRYING TO RECLAIM ITS RARE-EARTH MANTLE
04/30/2021
There is a clock ticking in the background of this race for a rare-earth supply chain. There is a danger that the electric vehicle market, which will demand large quantities of critical minerals including rare earths, may move faster than the rare-earth supply chain, which would feed it.
Read ArticlePress Release
03/18/2021
MP Materials Reports Fourth Quarter and Full Year 2020 Results
Read Press ReleasePress Release
11/23/2020
MP Materials Announces Financial Results for the Third Quarter and Year-To-Date Ended September 30, 2020
Read Press ReleasePress Release
11/18/2020
MP Materials Awarded Technology Investment Agreement with the Department of Defense
Read Press ReleasePress Release
11/17/2020
MP Materials Completes Business Combination and Will Begin Trading on the NYSE under “MP”
Read Press ReleasePress Release
09/18/2020
MP Materials announces Maryanne Lavan, Senior Vice President, General Counsel and Corporate Secretary for Lockheed Martin Corporation, and Connie Duckworth, former Partner and Managing Director of Goldman Sachs, have agreed to join the board of directors of MP Materials Corp.
Read Press ReleasePress Release
07/09/2020
MP Materials announces the signing of a definitive agreement to merge with Fortress Value Acquisition Corp. (NYSE: FVAC); will be publicly traded as “MP” on NYSE in the fourth quarter of 2020.
Read Press ReleasePress Release
04/22/2020
MP Materials announced it was chosen by the U.S. Department of Defense for a contract aimed at restoring domestic Heavy Rare Earths production to the U.S.
Read ReleaseCNBC: How bad is the rare earths supply chain right now?
04/09/2020
(CNBC) CNBC’s Brian Sullivan interviews our Co-Chairman, James Litinsky, on the current state of the rare earths supply chain.
Watch VideoRIVALS DIG DEEPER IN RACE FOR RARE EARTH MINERALS
10/29/2019
(The Daily Telegraph) -- An hour's drive from Las Vegas, surrounded by scrub forest and Joshua trees, lies an open pit that holds the key to the future of the electric car.
Read ArticleBATTLE OVER RARE EARTHS
10/18/2019
(NBR) -- Brian Sullivan continues his reporting on rare Earth Minerals and tells us how these minerals are playing a crucial role in the world today and for the future.
Watch VideoBATTLE OVER RARE EARTHS: CAN THE US REGAIN THE LEAD?
10/17/2019
(CNBC) -- CNBC’s Brian Sullivan reports from Mountain Pass, California on U.S. and China’s trade issues. One of the most important elements in the fight is getting the least attention, rare earth minerals.
Watch VideoTHIS COMPANY IS AMERICA’S BEST CHANCE TO LOOSEN CHINA’S GRIP ON RARE EARTHS
07/03/2019
(CNN Business) -- Less than an hour from the glitzy casinos and high-rise hotels of Las Vegas, the miners at Mountain Pass are reviving an industry that nearly disappeared from American soil.
Read MoreDIGGING DEEPER INTO AMERICA’S ONLY RARE EARTHS MINE
06/25/2019
(CNN) -- Clare Sebastian discusses the re-emergence of America's only rare earths mine, and the impact of China's trade tariffs to America's technological independence.
Watch VideoMP MATERIALS CO-CHAIRMAN DISCUSSES CHINA’S TRADE THREAT TO STOP EXPORTING RARE EARTH MINERALS
06/10/2019
(Fox Business News) -- MP Materials co-chairman James Litinsky discusses China’s threat to stop exporting rare earth minerals to the U.S.
Watch VideoCHINA HINTS IT WILL CHOKE OFF U.S. ‘RARE EARTHS’ ACCESS. BUT IT’S NOT THAT EASY.
06/10/2019
(Washington Post) -- This is Mountain Pass, the only mine in the United States that harvests rare-earth elements, the raw ingredients used to produce high-tech products such as smartphones, wind turbines, electric vehicles and fighter jets.
Read MoreWHY RARE EARTH MINERALS MATTER IN TRADE WAR BETWEEN THE U.S. AND CHINA
06/03/2019
Amid the escalating U.S.-China trade war, MP Materials Co-Chairman Jim Litinsky spoke with @Yahoo Finance about Mountain Pass’s unique role as the only rare earth mine in the U.S. and one of the richest deposits in the world. Learn more here:
Watch VideoEFFORTS TO BOOST U.S. SUPPLY OF RARE EARTH MINERALS AMID TRADE TENSIONS
06/01/2019
MP Materials Co-Chairman James Litinsky explains to @Bloomberg that Mountain Pass is the single best ore body in the world and has the ability to compete as a global low cost producer of rare earth minerals amid trade tensions. Hear the full discussion:
Watch VideoCO-CHAIR OF AMERICA’S ONLY RARE EARTH MINERAL MINE DISCUSSES CHINA’S THREAT
05/31/2019
MP Materials Co-Chairman James Litinsky joined @CNBC’s Squawk Box to discuss recent tariffs imposed by the Chinese on rare earths. Jim explained how Mountain Pass offers an immediate opportunity for the U.S. to expand and compete in the growing rare earth market. Watch the full interview:
Watch VideoCHINA’S SUPPLY OF MINERALS FOR IPHONES AND MISSILES COULD BE A RISKY TRADE WEAPON
05/23/2019
(New York Times) -- China has actually become somewhat dependent on the United States for rare-earth ore. China’s manufacturing sector is now so huge that the country has begun importing semi-processed rare-earth ore from a mine in Mountain Pass, in the California desert near the Nevada border.
Read MoreReal Visions Justine Underhill Investigates The Global Rare Earth Industry
02/27/2019
Real Vision’s Justine Underhill investigates the global rare earth industry, highlighting its importance for new “green” technologies and the environmental concerns of the non-US supply chain.
Watch VideoPRIZED ‘RARE EARTH’ MINERALS FEEL SCORCH OF TARIFFS
11/29/2018
(Wall Street Journal) -- Two Trump-administration policies have put a “rare earth” minerals mine in California between a rock and a hard place.
Read MoreA RARE METAL CALLED NEODYMIUM IS IN YOUR HEADPHONES, CELLPHONE AND ELECTRIC CARS LIKE TESLA’S MODEL 3 — AND CHINA CONTROLS THE WORLD’S SUPPLY
10/19/2018
(CNBC) -- You may not have heard of neodymium, but you're probably carrying some of it around with you right now. It's in your cellphone, your headphones and you might be driving several pounds of it around in your...
Read MoreTHE CALIFORNIAN RARE EARTHS MINE CAUGHT BETWEEN TRUMP AND CHINA
09/27/2018
(Bloomberg) -- The only operating rare earths mine in the U.S. - and once the world’s biggest -- is caught up in the crossfire of the Trump administration’s trade war with China. Rare earths, an esoteric group of materials used in everything from Tesla Inc. automobiles to high-tech...
Read MoreThis company is America’s best chance to loosen China’s grip on rare earths
Less than an hour from the glitzy casinos and high-rise hotels of Las Vegas, the miners at Mountain Pass are reviving an industry that nearly disappeared from American soil.
Watch Video