# MP Materials (NYSE: MP) Critical Minerals Exposure MP Materials is linked to 2 critical minerals: a producer of neodymium and praseodymium. It also makes permanent magnets. It is listed on the New York Stock Exchange as MP and based in the USA. Source: https://www.stockatomics.com/companies/mp-materials-nyse-mp Exchange: NYSE Ticker: MP Country: USA Production verified from filings: no ## Critical minerals linked to MP Materials | Mineral | Role | Price per kg (USD) | 1M change | Stocks | | --- | --- | --- | --- | --- | | [Neodymium](https://www.stockatomics.com/commodities/neodymium-price-us) | Producer | $85.14 per kg contained | - | - | | [Praseodymium](https://www.stockatomics.com/commodities/praseodymium-price-us) | Producer | $89.40 per kg contained | - | - | ## Components linked to MP Materials The components MP Materials makes, with each component's Stockatomics benchmark price and its change over the last month. | Component | Link | Price (USD) | 1M change | | --- | --- | --- | --- | | [Permanent magnets](https://www.stockatomics.com/components/permanent-magnets) | Producer | $16.61 per kg | +1.5% | ## Sectors MP Materials serves - [AI](https://www.stockatomics.com/sectors/ai) - [Batteries](https://www.stockatomics.com/sectors/batteries) - [Defence](https://www.stockatomics.com/sectors/defence) - [Electric Vehicles](https://www.stockatomics.com/sectors/electric-vehicles) - [Power Grids](https://www.stockatomics.com/sectors/power-grids) - [Robotics](https://www.stockatomics.com/sectors/robotics) - [Semiconductors](https://www.stockatomics.com/sectors/semiconductors) ## About MP Materials MP Materials owns and operates Mountain Pass in California, the only active rare earth mine and processing site in the United States, and it is building the country's own supply chain for permanent magnets. Headquartered in Las Vegas, the company separates neodymium and praseodymium at Mountain Pass and makes magnets at its factory in Fort Worth, Texas. In 2025 it agreed a long-term partnership with the US Department of Defense to expand magnet production further. ## MP Materials' critical minerals business MP Materials is linked to neodymium and praseodymium, the rare earths that make up most of the active material in neodymium-iron-boron magnets. Mountain Pass produces rare earth concentrate as well as separated NdPr oxide, and the Fort Worth factory turns that into magnets for electric vehicles, robotics, wind turbines and defence systems. The company is also adding the separation of heavy rare earths such as dysprosium and terbium. ## Where MP Materials operates Mountain Pass, in San Bernardino County, California, combines the open-pit mine, concentrator and separation plant in one place. MP Materials' magnet factory, Independence, is in Fort Worth, Texas, and a second magnet facility is planned as part of its agreement with the US Department of Defense. ## In the Stockatomics Terminal Share price against its minerals, mineral exposure by value, the exposure score and its components, verified production with sources, downstream demand exposure and catalysts affecting MP Materials. ## FAQ ### Which critical minerals does MP Materials produce? MP Materials is linked to 2 critical minerals: it is a producer of neodymium and praseodymium. Each mineral's price is on its page: [Neodymium](/commodities/neodymium-price-us), [Praseodymium](/commodities/praseodymium-price-us). ### Is MP Materials a neodymium stock? Yes. MP Materials is a producer of neodymium. [See the neodymium price per kg](/commodities/neodymium-price-us). ### Is MP Materials a praseodymium stock? Yes. MP Materials is a producer of praseodymium. [See the praseodymium price per kg](/commodities/praseodymium-price-us). ### Which components does MP Materials make? MP Materials makes [permanent magnets](/components/permanent-magnets). ### Where is MP Materials listed? MP Materials is listed on the New York Stock Exchange under the ticker MP (NYSE: MP), and is based in the USA. ### Is MP Materials the only US rare earths producer? Mountain Pass is the only active rare earth mine and processing site in the United States. Other US companies are developing rare earth projects, but none yet runs an integrated mine-to-oxide operation at comparable scale. ### What is MP Materials' agreement with the US Department of Defense? A long-term partnership agreed in 2025, under which the Department of Defense invested in MP Materials, set a price floor for its neodymium-praseodymium products and committed to buy output from a new magnet facility. ## Related companies - [Lynas Rare Earths](https://www.stockatomics.com/companies/lynas-rare-earths-asx-lyc) (ASX: LYC): Neodymium, Praseodymium - [JL Mag Rare-Earth](https://www.stockatomics.com/companies/jl-mag-rare-earth-she-300748) (SHE: 300748): Makes Permanent magnets - [Neo Performance Materials](https://www.stockatomics.com/companies/neo-performance-materials-tse-neo) (TSE: NEO): Makes Permanent magnets - [Zhong Ke San Huan](https://www.stockatomics.com/companies/zhong-ke-san-huan-she-000970) (SHE: 000970): Makes Permanent magnets - [BYD](https://www.stockatomics.com/companies/byd-hkg-1211) (HKG: 1211): Makes Lithium-ion cells and batteries / Buys Permanent magnets, Power transistors and SiC devices - [General Motors](https://www.stockatomics.com/companies/general-motors-nyse-gm) (NYSE: GM): Buys Electric motors over 75 kW, Lithium-ion cells and batteries, Permanent magnets - [Siemens Energy](https://www.stockatomics.com/companies/siemens-energy-etr-enr) (ETR: ENR): Makes Gas turbines over 5 MW, Large power transformers over 10 MVA, Transformers 650 kVA to 10 MVA, Wind-powered generating sets / Buys Grain-oriented electrical steel, Permanent magnets - [Tesla](https://www.stockatomics.com/companies/tesla-nasdaq-tsla) (NASDAQ: TSLA): Makes Electric motors over 75 kW / Buys Ball bearings; Gears, gearboxes and precision reducers; Industrial robots; Lithium-ion cells and batteries; Multilayer ceramic capacitors; Permanent magnets; Power transistors and SiC devices; Small DC motors and servo motors ## Sources - Company filings: MP Materials’ minerals and its role in each. - U.S. Geological Survey (USGS): the US critical minerals list. - Stockatomics: each mineral’s benchmark price per kg. - Stockatomics: the components MP Materials makes, and each component’s benchmark price. Last updated 18 October 2026.