About MP Materials
MP Materials (NYSE:MP) focuses on mining and processing rare earth materials, vital components used in electric vehicles, wind turbines, robotics, and various high-tech applications. Listed exclusively on the New York Stock Exchange under the ticker symbol (NYSE:MP), this company operates the Mountain Pass mine, one of the richest rare earth deposits in the Western Hemisphere. MP Materials is committed to reviving and advancing the domestic supply chain for rare earth magnets, essential for modern technologies. Their objectives include enhancing the environmental sustainability of their operations, expanding their production capabilities, and securing a leadership position in the global rare earth market by delivering high-quality materials and contributing to the green energy transition.
Snapshot
Operations
Products and/or services of MP Materials
- Mountain Pass, the largest rare earth element (REE) mining and processing site in North America.
- Production and sale of neodymium-praseodymium (NdPr), essential for manufacturing magnets used in electric vehicles and wind turbines.
- Offering lanthanum and cerium products, commonly used in catalytic converters and for petroleum refining.
- Development of a U.S.-based REE supply chain, reducing dependence on foreign sources and enhancing national security.
- Collaboration with General Motors to develop a domestic source of rare earth materials for electric vehicles.
- Working on sustainability initiatives to minimize environmental impact and ensure responsible sourcing of materials.
MP Materials executive team
- Mr. James Henry LitinskyCo-Founder, Chairman, President & CEO
- Mr. Michael Stuart RosenthalCo-Founder & COO
- Mr. Ryan S. CorbettChief Financial Officer
- Mr. Elliot Dean HoopsGeneral Counsel & Corporate Secretary
- Mr. David Gregory InfusoChief Accounting Officer & Principal Accounting Officer
- Mr. Zachary LehmanChief Technology Officer
- Mr. Martin SheehanSenior Vice President of Investor Relations
- Mr. Matt SloustcherExecutive VP of Corporate Affairs & Chief Communications Officer
- Dr. Alan C. Lund Ph.D.Executive Vice President of Magnetics
- Mr. Todd LitinskyExecutive Vice President of Strategic Planning