MP Materials Corp.
MP Materials Corp. (NYSE: MP) produces rare earth materials and manufactures magnetic materials, operating the Mountain Pass mine and processing facility in California and the Independence metal, alloy and magnet facility in Texas. Its Materials segment covers mining, refining and separation, producing rare earth… From the company’s description.
In fiscal 2025, MP Materials Corp. reported revenue of $224.44M, up 10.1% from fiscal 2024, and a net loss of $85.87M. Its operating margin was −66.6%, and operations used $155.75M in cash. Over the twelve months to Jun 30, 2026, revenue was $305.38M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What MP Materials Corp. does
In the company’s own words
MP Materials Corp. (NYSE: MP) produces rare earth materials and manufactures magnetic materials, operating the Mountain Pass mine and processing facility in California and the Independence metal, alloy and magnet facility in Texas. Its Materials segment covers mining, refining and separation, producing rare earth concentrate, neodymium-praseodymium (NdPr) oxide and metal, and other products for industrial customers and distributors. Its Magnetics segment makes magnetic precursor products and NdFeB permanent magnets for customers including General Motors and Apple. These materials support magnets used in vehicles, electronics, renewable power, robotics, aerospace and defense applications. In 2025, the company began manufacturing NdFeB permanent magnets at Independence and had 998 employees as of December 31. The company acquired Mountain Pass in 2017 and began midstream separation operations in 2023, expanding from concentrate production toward an integrated supply chain spanning mining, refining and magnet manufacturing. Its website is www.mpmaterials.com.
Company details
- Sector
- Materials
- Industry (SIC)
- Mining
- Headquarters
- LAS VEGAS, NV
- Fiscal year end
- December
- CIK
- 1801368
- SIC
- 1000
Financial performance, year by year
Fiscal 2020–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns MP Materials Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · MP Materials Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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