MP Materials
A US rare-earth mining and magnet-manufacturing company that operates the Mountain Pass mine in California, the only active rare-earth mine of scale in the United States; the Department of Defense became its largest shareholder in July 2025.
Covered in 7 MetalsCost.com News Intelligence articles, most recently on September 30, 2026.
Coverage
Hancock Prospecting Disputes the A$680 Million Paper Loss Put on Its Rare-Earth Stakes
Gina Rinehart's Hancock Prospecting has pushed back on an estimate that its rare-earth shares lost A$680 million in value over the past year. It says the figure ignores its full trading history and the lower prices at which it bought many of the shares.
Gina Rinehart's Hancock Prospecting Books an A$680 Million Paper Loss on Rare Earths
Gina Rinehart's Hancock Prospecting is sitting on an estimated A$680 million paper loss on its rare-earth shares over the past year. Most of it comes from MP Materials, even though the company's revenue and output have grown sharply.
Cameco or MP Materials? A New Comparison Weighs Uranium Stability Against Rare-Earth Growth
A stock comparison favors MP Materials' rare-earth growth story over Cameco's profitable uranium business, despite MP posting an $86M loss against Cameco's $421M net income in FY2025.
Saudi Arabia Finds 110 Million Tonnes of Uranium-Bearing Ore Near Medina
Saudi Arabia's energy minister announced 110 million tonnes of uranium-and-rare-earth ore at the Jabal Sayid site near Medina, containing roughly 31,700 tonnes of recoverable uranium at extraction costs well above established mines.
US Puts Over $10 Billion Into Critical Minerals, But China Still Refines Most of the World's Supply
The US government has invested over $10 billion in critical minerals since 2025, taking direct equity stakes in rare-earth and zinc projects, but China still refines up to 90% of the world's supply.
MP Materials vs. NioCorp: Comparing Two US Critical Minerals Stocks
A government-guaranteed price floor, rising NdPr sales volumes and long-term customer agreements give it a revenue base its development-stage peers don't yet have.
MP Materials Has a $110-a-Kilogram Government Price Floor. The Metals Company Has a Permit Fight
A government-guaranteed price floor and long-term customer agreements de-risk its near-term earnings relative to peers without such backing.
