MP Materials Competitors and Similar CompaniesClear all

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

	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, formerly known as Australian Zirconia Holdings) 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 solutions.	USA Rare Earth USA Rare Earth is a company that provides rare earth and lithium minerals.
Founding Date	Founding Date 2017	Founding Date 2000	Founding Date 2006	Founding Date 2019
Type	Type Public	Type Public	Type Public	Type Private
Tags	Tags Manufacturing & Industrial chemicals exploration & development metal products mining	Tags Manufacturing & Industrial chemicals metal products mining	Tags Manufacturing & Industrial chemicals metal products mining supply chain	Tags Manufacturing & Industrial advanced materials chemicals metal products mining
Locations	Locations Las Vegas, US HQ	Locations West Perth, AU HQ Dubbo, AU Perth, AU	Locations London, GB HQ London, GB London, GB	Locations Tampa, US HQ Sierra Blanca, US Stillwater, US Wheat Ridge, US
Employees	Employees 277	Employees N/A	Employees 51	Employees 4011% increase
Valuation ($)	Valuation ($) 3.1 b	Valuation ($) 74.1 m	Valuation ($) 77.4 m	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $224.4m (FY, 2025)	Revenue (est.) $3.2m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods N/A	Cost of goods $1.7m (FY, 2025)	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit N/A	Gross profit $3.4m (FY, 2025)	Gross profit N/A	Gross profit N/A
Net income	Net income ($85.9m) (FY, 2025)	Net income ($24.6m) (FY, 2025)	Net income ($11.5m) (FY, 2025)	Net income N/A
Funding
Total funding raised	Total funding raised N/A	Total funding raised $ 70.5m	Total funding raised $ 26.2m	Total funding raised $ 61.3m

For sources of this data, please see the company profile

View Company Profiles

Australian Strategic Materials

West Perth, AU

Australian Strategic Materials (ASM, formerly known as Australian Zirconia Holdings) is a company engaged in the production of specialty metals and oxides.

View company

Pensana

London, GB

Employees

Pensana (formerly Pensana Rare Earths) is a company engaged in rare earth production solutions.

View company

USA Rare Earth

Tampa, US

Employees

40↑ 11% increase

USA Rare Earth is a company that provides rare earth and lithium minerals.

View company