Added to YB: 2025-10-21
Pitch date: 2025-10-17
MP [neutral]
MP Materials Corp.
-38.72%
current return
Author Info
MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.
Company Info
MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America.
Market Cap
$3.2B
Pitch Price
$83.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
-48.05
P/E
-35.24
EV/Sales
17.77
Sector
Metals and Mining
Category
growth
MP Materials (MP): Investment Thesis Explained
MP (overview): Ambitious mine-to-magnet REE strategy with DoD $400M investment + $150M loan providing $110/kg price floor & 100% offtake guarantee. Apple recycling partnership, GM magnets by 2027. Refinery at 50% of 6K ton capacity, targeting $40/kg costs. Up 400% YTD, but execution risk concerns at $15B valuation.
Read full article (14 min)