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MP – MP Materials Corp


The company is Shariah Compliant, according to AAOIFI methodology.

MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass). Processing of rare earth materials at Mountain Pass includes five primary process steps: mining and crushing; milling and flotation; roasting, leaching and impurity removal; separation and extraction; and product finishing. The Company produces a rare earth concentrate that is principally sold to Shenghe Resources (Singapore) International Trading Pte. Ltd. (Shenghe) which, in turn, sells that product to refiners in China. These refiners separate the constituent rare earth elements (REE) contained in the Company’s concentrate and sell the separated products to their customers. The Company is expanding its manufacturing operations downstream to provide a full supply chain solution from materials to magnetics.


Debt ÷ Market cap (MC)14.28
Non-Compliant Assets ÷ MC22.02

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