MP Materials logo — Restoring the rare earth supply chain in America. Materials...

MP Materials

Restoring the rare earth supply chain in America. Materials in California. Magnets in Texas. HQ in Las Vegas.

Founded 2017 United States Las Vegas, United States 429 employees Corporate Total: $1.41B Industrial, Sustainability

General Information

Company Name MP Materials
Founded Year 2017
Location United States Las Vegas, United States +3
Employees 429
Industries Industrial, Sustainability
Funding Stage Corporate
Social

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About MP Materials

MP Materials is a company focused on restoring the rare earth supply chain in America. Their mission is to bring back the rare earth industry to the U.S. from end-to-end. The company, founded in 2014, is headquartered in Las Vegas and operates the Mountain Pass, America's only scaled rare earth mining and processing site, located in California's high desert. They also have a magnetics manufacturing facility in Fort Worth, Texas. MP Materials is deeply rooted in teamwork, resiliency, and integrity, with a strong commitment to employees, community, and the environment. Rare earth materials are crucial for producing powerful magnets used in electric vehicles, wind turbines, drones, and more. The company aims to transition from a core materials company into a large industrial manufacturer. Their recent Post-IPO Equity investment on 09 April 2024 was led by Hancock Prospecting. MP Materials presents an exciting opportunity for investors looking to support the revival of domestic rare earth production and play a role in the sustainability and industrial sectors.

Taxonomy: Rare Earth Materials, Rare Earth Mining, Magnetics Manufacturing, Industrial Manufacturing, Electric Vehicles, Supply Chain Restoration, Resource Extraction, Materials Processing, Sustainable Practices, Environmental Commitment

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate •••••• 2
Investor
•••• ••••
15 Jul 2025
Post-IPO Equity •••••• 1
Investor
09 Apr 2024
Grant •••••• 1 •••• •••• 01 Apr 2024
Post-IPO Debt •••••• - 05 Mar 2024
Post-IPO Equity •••••• 3
Investor Investor
•••• ••••
17 Nov 2020

View All 6 Funding Rounds

MP Materials Alternatives & Competitors

MP Materials vs
MP Materials vs

Creating a Circular Supply Chain for Rare Earth Elements

Series Unknown
54 employees
Industrial, Sustainability
MP Materials vs

ASX : MTM Rare Earth Element Exploration in Canada & Western Australia. ⛏

Post Ipo Debt
6 employees
Also compare with: MP Materials vs Eco Remarketing GmbH Eco Remarketing GmbH

FAQ About MP Materials

Restoring the rare earth supply chain in America. Materials in California. Magnets in Texas. HQ in Las Vegas.
MP Materials was founded in 2017.
MP Materials is headquartered in Las Vegas, United States.
MP Materials operates in the following industries: Industrial, Sustainability.
MP Materials has approximately 429 employees.
MP Materials has completed 6 funding rounds, raising a total of $1.41B. The latest funding stage is Corporate.
Top alternatives and competitors to MP Materials include Thunder Sky Winston Battery Inc., Cyclic Materials, MTM Critical Metals, Eco Remarketing GmbH, Skyspring Nanomaterials. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MP Materials and Thunder Sky Winston Battery Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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