MP Materials specializes in the production of rare earth magnetics, being America's only fully integrated rare earth producer. The company operates the Mountain Pass mine and processing facility in California, where it extracts and refines high-grade rare earth materials. These materials are then transformed into neodymium-iron-boron (NdFeB) permanent magnets at their manufacturing facility in Fort Worth, Texas. MP Materials produces refined rare earth compounds, metals, and concentrates that are critical for various applications in transportation, energy, robotics, defense, and aerospace.
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