Electric vehicles are gradually becoming one of the largest "consumers" of NdFeB magnet production - mostly for electric motors (although not all types of traction motors utilizes magnets). According ...
CEO James Litinsky described the third quarter as "a game changer, a total acceleration of MP as a vertically integrated national champion with a transformed economic platform for long-term leadership ...
MP Materials (NYSE:MP) +4% pre-market Wednesday after saying it has launched domestic production of a rare earth magnet it intends to mass produce for General Motors and other U.S. customers. MP ...