Sector: Basic Materials | Industry: Precious Metals & Minerals |
MP Materials Corp., formerly Fortress Value Acquisition Corp., is a producer of rare earth materials. The Company owns and operates Mountain Pass, an industrial asset, which is an earth mining and processing site of scale in the Western Hemisphere. The Company is focused on producing Neodymium-Praseodymium (NdPr). The Company's produced rare earth elements are critical inputs for the magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and many other high-growth, advanced technologies.
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