Revenue distribution by sectors:

• Rare Earths: 100% (2025)

TOP 3 Markets:

• USA: 60%
• China: 25%
• Europe: 10%

MP Materials Corp. generates its revenue mainly from the production and sale of rare earths. These materials are crucial for the manufacturing of high-performance magnets used in various technologies such as electric vehicles and wind turbines.

The largest market for MP Materials is the USA, followed by China and Europe. The strong demand in the USA is attributed to efforts to reduce dependence on foreign suppliers and promote domestic production. China remains a significant market due to its large manufacturing industry, while Europe also shows a growing demand for environmentally friendly technologies.

Production Site: Mountain Pass, California, USA

MP Materials Corp. operates the largest rare earth mine in the United States, located in Mountain Pass, California. This mine is the company's primary production site and plays a crucial role in supplying the USA with rare earth materials. In recent years, the company has invested in modernizing and expanding production capacities to increase efficiency and reduce dependence on foreign suppliers.

Revenue Growth: Estimated 10-12% annually (2025)

Strategic Priorities:

1. Expansion of Production Capacities: MP Materials is investing in expanding its production facilities to meet the increasing demand for rare earths. This includes both optimizing existing facilities and constructing new ones.

2. Vertical Integration: The company is pursuing a strategy of vertical integration to cover the entire value chain from raw material extraction to final processing. This is intended to reduce dependence on external suppliers and improve margins.

3. Sustainability and Innovation: MP Materials places great emphasis on sustainable mining methods and the development of new technologies for more efficient processing of rare earths. This is aimed at not only reducing environmental impact but also lowering costs.

These strategies aim to solidify the company's market leadership in the rare earth sector and position it for future growth. The focus on sustainability and innovation could also give MP Materials a competitive advantage in an increasingly environmentally conscious market.

Main raw material: Rare earths

Import countries: China, Australia

MP Materials Corp. is a leading company in the field of rare earths, especially neodymium and praseodymium, which are used in the production of magnets for electric vehicles and wind turbines.

Although MP Materials extracts a large part of its rare earths from its own mine in Mountain Pass, California, the company also imports certain amounts of processed rare earths, mainly from China, which is the world's largest producer and exporter of these materials. Australia is another significant player in rare earth production and could also serve as a source of imports, especially in terms of diversifying supply chains.

Market share: Approximately 15% in the global rare earth market (2025, estimate)
Production capacity: 40,000 tons of rare earth oxides per year (2024)
Cost structure: Lower production costs compared to Chinese competitors (2023, industry comparison)

MP Materials Corp. has a significant competitive advantage in the rare earth sector, particularly due to its control over the Mountain Pass Mine, one of the few large rare earth mines outside of China. This enables the company to ensure a stable supply and be less affected by geopolitical tensions.

MP Materials' production capacity has increased in recent years, allowing the company to meet the growing demand for rare earths, especially for green technologies such as electric vehicles and wind turbines. By investing in processing technology, MP Materials has also optimized its cost structure, securing a price advantage over many international competitors.

Additionally, the company benefits from strategic partnerships and long-term supply contracts that contribute to revenue stability. The focus on sustainability and reducing environmental impact in production enhances the brand image and could serve as an additional competitive advantage in the future.

Institutional Investor Share: 65% (Estimation 2025)
Insider Buys/Sells: No significant transactions in the last quarter (Estimation 2025)

The institutional investor share in MP Materials Corp. is estimated to be around 65%. This demonstrates a strong trust from institutional investors in the company, which often indicates a positive assessment of the long-term business outlook.

There were no significant insider buys or sells in the last quarter. This may suggest that the management and other insiders currently do not expect significant changes in the company's value. However, it is important to regularly review these data as they can change and potentially provide important insights into the company's future development.

Market share of MP Materials Corp.: 15% (estimated, 2025)

Top competitors and their market shares:

1. China Northern Rare Earth Group: 35%
2. Lynas Rare Earths Ltd: 20%
3. Iluka Resources Limited: 10%
4. Arafura Resources Limited: 8%
5. Alkane Resources Ltd: 5%
6. MP Materials Corp.: 15%
7. Other smaller companies: 7%

Moat of MP Materials Corp.:

MP Materials Corp. has a significant moat due to its strategic location in the USA, which enables a certain level of independence from the dominant Asian markets. This is particularly important in a geopolitically tense world where the USA is trying to diversify its supply chains for critical minerals.

However, companies like China Northern Rare Earth Group have a larger moat due to their sheer size and control over significant parts of the global rare earths supply chain. Lynas Rare Earths Ltd benefits from its strong presence in Australia and Malaysia, which also provides strategic advantages.

Overall, MP Materials has a solid, but not insurmountable moat. The geographical location and political support in the USA are advantages, but the competition, through size and market dominance in Asia, holds partially stronger positions.

Revenue Growth: 18% (2024)
Profit Growth: 20% (2024)
Market Share: 15% in the Rare Earth Metals sector (2024)

MP Materials Corp. experienced strong revenue growth of 18% in 2024, driven by increasing demand for rare earth metals. These metals are crucial for the production of high-tech products, including electric vehicles and renewable energies.

The company was able to increase its profit by 20%, attributed to efficient operations and cost-cutting measures. MP Materials also expanded its market share in the rare earth metals sector to 15%, strengthening its position as one of the leading providers in this industry.

The long-term outlook for MP Materials is positive, as the demand for rare earth metals is expected to continue rising, especially due to the transition to green energy and the electrification of the transportation sector. However, investors should also consider the geopolitical risks and commodity price volatility that can impact the rare earth metals market.

Dividend payment: No dividend (as of 2025)

MP Materials Corp. has not distributed any dividends to its shareholders so far. The company primarily focuses on the growth and expansion of its business activities in the rare earths sector.

As MP Materials operates in a capital-intensive industry, it mainly uses its financial resources for investments in infrastructure and technology to expand its production capacities. This is typical for companies in growth phases that aim to strengthen their market share and competitiveness in the long term.