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MP Materials MP

Materials & MiningMarket cap $9B2 connections

MP Materials operates Mountain Pass in California - the only rare earth mine and processing facility in North America. Rare earth metals (neodymium, praseodymium) are essential for the permanent magnets in EV motors, wind turbines, and defense systems. Without rare earths, the clean energy transition stalls.

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Customers 2

Companies MP Materials sells to

  • Lockheed MartinIndustrial & Defense · $120BRare earth magnets for Lockheed F-35 actuators
  • General DynamicsIndustrial & Defense · $80BMP rare earths for General Dynamics weapon systems

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Relationships are compiled by VexMap from company filings, announcements and reporting, and last reviewed September 2026. Spotted something wrong? Tell us. Not investment advice.