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Key Facts about MP Materials
MP Materials (NYSE: MP) has seen its stock rise approximately 480% this year, including a 42% increase since the beginning of October 2025. The company, which operates one of the only rare-earth metal mines in the U.S. at its Mountain Pass site in California, supplies crucial minerals used in electric vehicles and consumer electronics.
On October 1, 2025, China announced new restrictions on rare-earth metal exports to the U.S., further elevating the strategic importance of MP Materials. The U.S. Department of Defense previously acquired a $400 million stake in the company, making it its largest shareholder, while MP also secured a $500 million long-term deal with Apple.
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