Verified Nov 2026
Electronics & Software
·
Las Vegas, Nevada
·
Since 2017
MP Materials is a rare-earth materials and magnetics company headquartered in Las Vegas, Nevada, founded in 2017 and employing between 1,000 and 5,000 people. It mines and processes rare-earth oxides at its Mountain Pass facility in California and manufactures rare-earth metals and permanent magnets, serving the automotive, electric-vehicle, electronics, construction, military-defense, and plumbing-hardware industries. The company is privately held. In February 2026 it selected Northlake, Texas, as the site of a planned U.S. rare-earth magnet manufacturing campus.
MP Materials at a glance
Revenue
$100-250M
Est. band
Employees
1,000-5,000
Founded
2017
Headquarters
Las Vegas, Nevada
Certifications
ISO 9001
Import activity
11
Industries
Automotive
Electric Vehicles
Electronics
Construction
Military & Defense
Plumbing & Hardware
Sourcing and import activity
From US customs bill-of-lading records
US sea imports
11
Named foreign suppliers
10
Top origins
Germany · China · United Kingdom · India
Shared foreign counterparties do not establish that these companies buy from MP Materials.
What this tells a buyer
The company announced in February 2026 that it had selected Northlake, Texas, for a new rare-earth magnet manufacturing campus, and it reported first quarter 2026 results in May 2026.
Its Magnetics segment produces rare-earth metals and high-strength permanent magnets at its Fort Worth, Texas facility, and it holds ISO 9001 certification.
The company operates the Mountain Pass Rare Earth Mine and Processing Facility in California, which it describes as the only large-scale rare-earth mining and processing site in the United States.
Source: US customs bill-of-lading records and public filings · Last verified Nov 05, 2026
STABILITY SIGNALS
Established & active
9 years in operation (founded 2017).
Holds ISO 9001 certification(s) per public sources.
Overview
MP Materials is a rare-earth materials and magnetics company headquartered in Las Vegas, Nevada, founded in 2017 and employing between 1,000 and 5,000 people. It mines and processes rare-earth oxides at its Mountain Pass facility in California and manufactures rare-earth metals and permanent magnets, serving the automotive, electric-vehicle, electronics, construction, military-defense, and plumbing-hardware industries. The company is privately held. In February 2026 it selected Northlake, Texas, as the site of a planned U.S. rare-earth magnet manufacturing campus.
At a glance
Attribute | Detail |
|---|---|
Founded | 2017 |
Headquarters | Las Vegas, Nevada |
Employees | 1,000-5,000 |
Revenue | $100-250M (estimated) |
Primary capability | Electronics & Software |
Certifications | ISO 9001 |
What MP Materials makes
Its Magnetics segment produces rare-earth metals and high-strength permanent magnets at its Fort Worth, Texas facility, and it holds ISO 9001 certification.
Products and capabilities described on the company's own site include LED, Electronics, Semiconductor (source: mpmaterials.com).
Certifications
MP Materials is associated with the following certifications in public sources. Confirm the certified scope for the specific plant producing your part:
ISO 9001 — mpmaterials.com
Trade and customs footprint
The company announced in February 2026 that it had selected Northlake, Texas, for a new rare-earth magnet manufacturing campus, and it reported first quarter 2026 results in May 2026. US customs bill-of-lading records list 11 inbound shipments across 10 foreign suppliers, with top origins including Germany · China · United Kingdom · India.
Latest developments
2026-05-07 — MP Materials - MP Materials Reports First Quarter 2026 Results (mpmaterials.com)
2026-03-02 — MP Materials execs share next steps for $1.3B Texas rare earth magnet site | Manufacturing Dive (manufacturingdive.com)
2026-02-26 — MP Materials - MP Materials Selects Northlake, Texas, as the Site of “10X,” a New U.S. Rare Earth Magnet Manufacturing Campus (mpmaterials.com)
2026-02-26 — MP Materials Reports Fourth Quarter and Full Year 2025 Results | MP Materials (mpmaterials.com)
2025-11-19 — MP Materials and the U.S. Department of War Partner with the Saudi Arabian Mining Company (Maaden) to Develop Rare Earth Refinery Joint Venture | MP Materials (mpmaterials.com)
2025-08-10 — Office of Strategic Capital Announces First Loan Through DoD Agreement With MP Materials to Secure Critical Materials Supply Chain > U.S. Department of War > Release | U.S. Department of War (defense.gov)
Facilities
MP Materials is headquartered in Las Vegas, Nevada. Public sources also reference these locations:
Mountain Pass, California — defense.gov
Texas — mpmaterials.com
Fort Worth, Texas — mpmaterials.com
Company details
The company operates the Mountain Pass Rare Earth Mine and Processing Facility in California, which it describes as the only large-scale rare-earth mining and processing site in the United States. MP Materials was founded in 2017, has an estimated 1,000-5,000 employees, and is headquartered in Las Vegas, Nevada. On the LightSource stability read it is rated "Established & active": 9 years in operation (founded 2017). Holds ISO 9001 certification(s) per public sources.
Frequently asked questions
What does MP Materials make?
MP Materials is a rare-earth materials and magnetics company headquartered in Las Vegas, Nevada, founded in 2017 and employing between 1,000 and 5,000 people. It mines and processes rare-earth oxides at its Mountain Pass facility in California and manufactures rare-earth metals and permanent magnets, serving the automotive, electric-vehicle, electronics, construction, military-defense, and plumbing-hardware industries. The company is privately held. In February 2026 it selected Northlake, Texas, as the site of a planned U.S. rare-earth magnet manufacturing campus.
Where is MP Materials headquartered?
MP Materials is headquartered in Las Vegas, Nevada.
When was MP Materials founded?
MP Materials was founded in 2017.
How big is MP Materials?
MP Materials has an estimated 1,000-5,000 employees, with revenue in the $100-250M range (estimated).
What certifications does MP Materials hold?
MP Materials lists ISO 9001 on its website. Confirm the certified scope for the specific plant producing your part.
Does MP Materials import from overseas suppliers?
US customs bill-of-lading records show 11 inbound shipments for MP Materials, with top origins including Germany · China · United Kingdom · India.
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Last verified Nov 2026. Is this your company? Request a correction.
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