James Litinsky (Executive Chairman & CEO) Michael Rosenthal (COO)
Products
Rare earths in concentrate
Production output
38,500 tonnes[1] (2020)
Owner
JHL Capital Group, QVT Financial LP, James Litinsky, Shenghe Resources[2]
Number of employees
350 (2021[3])
Website
mpmaterials.com
Footnotes / references [4][5]
MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States.[6] MP Materials focuses its production on Neodymium-Praseodymium (NdPr), a rare earth material used in high-strength permanent magnets that power the traction motors found in electric vehicles, robotics, wind turbines, drones and other advanced motion technologies.[7] MP Materials is listed on the New York Stock Exchange under the ticker symbol "MP". As of December 2021, JHL Capital Group, QVT Financial and CEO James Litinsky were the company's three largest shareholders, with about 7.7% of the company owned by Shenghe Resources, a Chinese rare earth business located in Sichuan.[8]
^Zhou, Jackie (May 9, 2021). "US seeks to challenge China on rare-earth elements, key ingredients in Biden's energy plan". Fox Business. Retrieved July 12, 2021.
^"Could The MP Materials Corp. (NYSE:MP) Ownership Structure Tell Us Something Useful?". Simply Wall Street. Retrieved August 20, 2021.
^Hudson, Sabrina (May 29, 2021). "Mine near Las Vegas produces much of world's rare earth materials". Las Vegas Review Journal. Retrieved July 12, 2021.
^"MP Materials Corp 2020 Form 8-K Quarterly Report". U.S. Securities and Exchange Commission. Archived from the original on November 23, 2020. Retrieved January 31, 2021.
^"MP Materials Corp 2020 Q3 Summary" (Press release). U.S. Securities and Exchange Commission. Archived from the original on February 4, 2021. Retrieved January 31, 2021.
^"The Californian Rare Earths Mine Caught Between Trump and China". Bloomberg News. September 27, 2018. Archived from the original on February 4, 2021. Retrieved January 31, 2021.
^"MP Materials CEO says rare magnets supplier is a 'picks-and-shovels play' for EV market". CNBC. December 16, 2020. Archived from the original on February 6, 2021. Retrieved January 31, 2021.
^"MP MATERIALS CORP. (MP)". MarketScreener. Retrieved July 18, 2022.
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Material efficiency is a description or metric ((Mp) (the ratio of material used to the supplied material)) which refers to decreasing the amount of a...
{\varepsilon }}_{mp}}}}=\sum _{nd}~{1 \over 2}~~[{\vec {V_{node}}}\nabla N_{nd-mp}+(V_{node}\nabla N_{nd-mp})^{T}]} Variables on the material points: positions...
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