MP Materials Competitors and Similar CompaniesClear all

MP Materials's competitors and similar companies include Australian Strategic Materials, Pensana, USA Rare Earth and Lynas Rare Earths.

	MP Materials MP Materials is a company that owns and operates an integrated rare earth mining and processing facility.	Australian Strategic Materials Australian Strategic Materials (ASM) is a company engaged in the production of specialty metals and oxides.	Pensana Pensana (formerly Pensana Rare Earths) is a company engaged in rare earth production.	USA Rare Earth USA Rare Earth is a company that provides rare earth and lithium minerals.	Lynas Rare Earths Lynas Rare Earths is a company engaged in the mining and production of rare earth materials.
Founding Date	Founding Date 2017	Founding Date 2000	Founding Date 2006	Founding Date 2019	Founding Date 1983
Type	Type Public	Type Public	Type Public	Type Private	Type Public
Tags	Tags Manufacturing & Industrial chemicals exploration & development metal products mining	Tags Manufacturing & Industrial chemicals metal products mining	Tags Manufacturing & Industrial chemicals metal products mining	Tags Manufacturing & Industrial chemicals metal products mining	Tags Manufacturing & Industrial chemicals exploration & development metal products mining
Locations	Locations Las Vegas, US HQ	Locations Burswood, AU HQ Dubbo, AU Dubbo, AU Perth, AU West Perth, AU	Locations London, GB HQ London, GB	Locations Tampa, US HQ Sierra Blanca, US Stillwater, US Wheat Ridge, US	Locations Balok, MY HQ East Perth, AU
Employees	Employees 277	Employees N/A	Employees 51	Employees 333% increase	Employees 7654% increase
Valuation ($)	Valuation ($) 3.1 b	Valuation ($) 74.1 m	Valuation ($) 77.4 m	Valuation ($) N/A	Valuation ($) 4.9 b
Financial
Revenue (est.)	Revenue (est.) $203.9m (FY, 2024)	Revenue (est.) $3.1m (FY, 2024)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) $463.3m (FY, 2024)
Cost of goods	Cost of goods N/A	Cost of goods $2.5m (FY, 2024)	Cost of goods N/A	Cost of goods N/A	Cost of goods $280m (FY, 2024)
Gross profit	Gross profit N/A	Gross profit $3.2m (FY, 2024)	Gross profit N/A	Gross profit N/A	Gross profit $183.3m (FY, 2024)
Net income	Net income ($65.4m) (FY, 2024)	Net income ($25.2m) (FY, 2024)	Net income ($5.8m) (FY, 2024)	Net income N/A	Net income $84.5m (FY, 2024)
Funding
Total funding raised	Total funding raised N/A	Total funding raised $ 70.5m	Total funding raised $ 26.2m	Total funding raised $ 61.3m	Total funding raised N/A