MP Materials Corp is a leading firm in the rare earth materials industry, primarily focused on the production and processing of rare earth elements essential for various advanced technologies. The company operates a significant mining and manufacturing complex, where it extracts and refines these critical materials, which are vital for applications in electric vehicles, renewable energy systems, defense technologies, and many electronics. By harnessing these resources domestically, MP Materials aims to support the growing demand for rare earths while promoting a more sustainable supply chain in the United States. Read More
Shares of USA Rare Earth are climbing sharply Tuesday afternoon. The rally is a sympathy move, following a surge in competitor MP Materials after positive news for the U.S. rare earth sector.
The Nasdaq 100 surged to fresh record highs on Tuesday, breaking above the 23,000 mark as Nvidia Corp. (NASDAQ:NVDA) and other chipmakers powered a sharp rally.
MP Materials (NYSE: MP) today announced a definitive, long-term agreement to supply Apple with rare earth magnets manufactured in the United States from 100 percent recycled materials.
MP Materials Corp (NYSE: MP) shares surged on Thursday after the U.S. government announced a strategic investment to strengthen the domestic rare earth supply chain.
Stay up-to-date with the latest market trends in the middle of the day on Thursday. Explore the top gainers and losers during today's session in our detailed report.
