Supplier · United States
MP Materials
Updated HQ Las Vegas, NevadaFounded 20171001-5000 employeesNYSE:MP
US producer of rare-earth concentrate, separated NdPr oxide and NdFeB magnets; owns the Mountain Pass mine and separation plant in California and magnet plants in Texas. The DoD became its largest shareholder in 2025.
Capabilities3
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Advanced manufacturing and materials | Supplier | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Produces rare-earth NdPr oxide and NdFeB magnets, and the DoD became its largest shareholder in 2025, which indicates evident defense interest. | Reported |
| Permanent-magnet manufacturing | Supplier | Limited fielding | — | — | Confirmed |
| Rare-earth separation and refining | Supplier | Fielded | — | — | Confirmed |
- Supplierclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Produces rare-earth NdPr oxide and NdFeB magnets, and the DoD became its largest shareholder in 2025, which indicates evident defense interest.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
Supply Chain6 inputs · 5 customers · 4 facilities
Produces, processes or develops6
| Input | Relation | Criticality | Capacity | Global share | Facility | Confidence |
|---|---|---|---|---|---|---|
| Mixed rare-earth concentrate | Produces | High | — | — | Mountain Pass Rare Earth Mine and Processing Facility | Confirmed |
| NdFeB permanent magnets | Produces | Critical | 3,000 tonnes/yr magnets | — | Independence magnet facility | Confirmed |
| NdPr oxide | Produces | Critical | 6,075 tonnes/yr NdPr oxide | — | Mountain Pass Rare Earth Mine and Processing Facility | Confirmed |
| Rare-earth metal and alloy | Produces | Critical | — | — | Independence magnet facility | Confirmed |
| Dysprosium and terbium | Develops | Critical | — | — | Mountain Pass heavy rare earth separation facility | Confirmed |
| NdFeB permanent magnets | Develops | Critical | 7,000 tonnes/yr magnets | — | 10X magnet facility | Confirmed |
- Produces · Mountain Pass Rare Earth Mine and Processing FacilityMine and concentrator; 60,000 t/yr REO is a growth target (Upstream 60K), not current capacity.HighConfirmed
- Produces · 3,000 tonnes/yr magnets · Independence magnet facilityProjected capacity after expansion; magnet production began December 2025.CriticalConfirmed
- Produces · 6,075 tonnes/yr NdPr oxide · Mountain Pass Rare Earth Mine and Processing FacilityCompany's stated separation design rate; actual output has been lower during ramp-up.CriticalConfirmed
- Develops · Mountain Pass heavy rare earth separation facilityCriticalConfirmed
- Develops · 7,000 tonnes/yr magnets · 10X magnet facilityPlanned; commissioning targeted for 2028.CriticalConfirmed
Customers5
| Customer | Supplies | Notes | Confidence |
|---|---|---|---|
| Apple | NdFeB permanent magnets | $500M recycled-magnet partnership announced July 2025; shipments expected from 2027. | Confirmed |
| Defense Logistics Agency | NdPr oxide | — | Confirmed |
| General Motors | Rare-earth metal and alloy | — | Confirmed |
| U.S. Department of War | NdFeB permanent magnets | Offtake guarantee for the planned 10X facility, part of the July 2025 DoD partnership. | Confirmed |
| U.S. Department of War | NdPr oxide | 10-year NdPr price floor of $110/kg. | Confirmed |
- Supplies NdFeB permanent magnets$500M recycled-magnet partnership announced July 2025; shipments expected from 2027.Confirmed
- Supplies NdFeB permanent magnetsOfftake guarantee for the planned 10X facility, part of the July 2025 DoD partnership.Confirmed
Facilities4
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| 10X magnet facility | Factory | Northlake, Texas, United States | Planned | Confirmed |
| Independence magnet facility | Factory | Fort Worth, Texas, United States | Operating | Confirmed |
| Mountain Pass heavy rare earth separation facility | Refinery | Mountain Pass, California, United States | Under construction | Confirmed |
| Mountain Pass Rare Earth Mine and Processing Facility | Mine | Mountain Pass, California, United States | Operating | Confirmed |
- 10X magnet facilityFactory · Northlake, Texas, United StatesPlannedConfirmed
- Independence magnet facilityFactory · Fort Worth, Texas, United StatesOperatingConfirmed
- Mountain Pass heavy rare earth separation facilityRefinery · Mountain Pass, California, United StatesUnder constructionConfirmed
- Mountain Pass Rare Earth Mine and Processing FacilityMine · Mountain Pass, California, United StatesOperatingConfirmed
Trade Controls1
| List | Issuer | Kind | Effective | Detail | Confidence |
|---|---|---|---|---|---|
| MOFCOM Export Control Control List (Announcement No. 23 of 2026) | China | Designation | Jun 22, 2026 | Added with eight other US entities (including drone makers Red Cat and Teal Drones); Chinese exporters may not export dual-use items to listed entities. | Confirmed |
- MOFCOM Export Control Control List (Announcement No. 23 of 2026)China · Designation · Jun 22, 2026Added with eight other US entities (including drone makers Red Cat and Teal Drones); Chinese exporters may not export dual-use items to listed entities.Confirmed
Listings by governments that restrict trade with, or investment in, this organization. A listing is a legal status, not a finding about conduct.
Sources9
Profile2
- 1
- 2DatabaseMP Materials company profile
Octen Business Search · Supports Organization · employee range, Organization · hq region, Organization · linkedin url
“employee_range: 1001-5000 (profile: 1001-5000 employees)”
Technologies1
- 3Regulatory filingMP Materials Corp. Form 10-K for fiscal year 2025
MP Materials Corp. (SEC) · Feb 26, 2026 · Supports Facility, Organization, Organization input, Organization technology, Supply relationship
“owns and operates the Mountain Pass Rare Earth Mine and Processing Facility ... located near Mountain Pass, San Bernardino County, California”
Supply chain4
- 4
Hillwood · Feb 26, 2026 · Supports Facility
“Once operational, the new campus is expected to contribute to the company's total production capacity of approximately 10,000 metric tons of NdFeB rare earth magnets per year”
- 5Regulatory filingMP Materials Announces Transformational Public-Private Partnership with the Department of Defense (8-K Ex. 99.1)
MP Materials Corp. (SEC) · Jul 10, 2025 · Supports Supply relationship
“DoD has agreed to ensure that 100% of the magnets produced at the 10X Facility will be purchased by defense and commercial customers”
- 6
Wikipedia · Supports Facility · lat, Facility · lng
“35.47861; -115.53250”
- 7Government recordAward SP800024C0007
USAspending.gov · Supports Supply relationship
“Award Amount: 10,986,002.70; Awarding Sub Agency: Defense Logistics Agency; Description: NEODYMIUM OXIDE (ND2O3) AND PRASEODYMIUM OXIDE (PR6O11)”
Trade controls2
- 8Government record商务部公告2026年第23号
Ministry of Commerce of the People's Republic of China · Jun 22, 2026 · Supports Trade control
“禁止出口经营者对上述10家实体出口两用物项”
- 9
Reuters · Jun 22, 2026 · Supports Trade control
“China added MP Materials (MP.N) and USA Rare Earth (USAR.O) as well as eight other U.S. entities”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.