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Thursday, May 18, 2023 by Christoph.Schmid|Comment 0
within category MP Materials,MP,REE,Mountain Pass,Energy Transition,Non-Gold Precious Metals & Minerals

MP Materials is the largest producer of rare earths outside of China, with a focus on high-purity separated neodymium, praseodymium (NdPr) oxide, lanthanum, and cerium oxides and carbonates.

The company went public in mid-2020 in a US$1.47 billion deal following the purchase of Molycorp’s California-based Mountain Pass mine, the only working US-based rare earths mine and processing facility. Mountain Pass has a sustained production and its intention is to move forward with the construction of a REE refining facility. The facility will extract mainly magnetic metals. 

 
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