Strategic Materials
Policy Tracker
CompanyUS

MP Materials Corp.

Also named: MP Materials

org-mp-materials

Capital received

Every row naming this organization as its recipient, by value role.

Public commitments

3 rows · summed per currency

Committed to a recipient by a government or public enterprise, at the status each row states. A contracted, partially disbursed or disbursed row is binding because an agreement is executed; payment is tracked separately by status. A contracted row need not mean funds are obligated or paid, and a partially disbursed row is not fully paid. Summed per currency and per instrument, never across either; a part is never added to its package.

USD

Loan1 row

Binding

Stated exactly
150 million

Equity1 row

Binding

Stated exactly
400 million

2 counted

1 row states no amount and is listed, not valued.

US9 Jul 2025

MP Materials Corp.

USD400 million

DoD–MP Materials public-private partnership for rare earth magnet supply

CommitmentEquityPublicDisbursedSeparation · Processing · Component manufacturingambiguity noted
US9 Jul 2025

MP Materials Corp.

No amount stated

DoD–MP Materials public-private partnership for rare earth magnet supply

CommitmentPrice floorPublicContracted
US9 Jul 2025

MP Materials Corp.

USD150 million

Samarium Project: expansion of heavy rare earth separation, including separation of samarium oxide

CommitmentLoanPublicDisbursedSeparation

Funding options

1 row · listed, not summed

A ceiling a party may call on under an executed agreement. Listed, never summed: an option is not committed money until exercised.

US9 Jul 2025

MP Materials Corp.

up toUSD350 million

DoD–MP Materials public-private partnership for rare earth magnet supply

Funding optionEquityPublicOption executed · no exercise recorded

Private financing

1 row · listed, not summed

Commercial capital raised alongside public money. Listed, never public support.

—no gov.26 Aug 2025

MP Materials Corp.

at leastUSD1 billion

10X Facility

Private financingLoanPrivateLapsed

Projects, programmes and designations

Sponsors

Mountain Pass heavy rare earth separation expansion (Samarium Project)10X FacilityIndependence Facility capacity expansionMountain Pass hydrochloric acid facilities development and recommissioning

Record

Kind
Company
Country
US
Government
None: its money is not a government's
Parent bodies
None recorded

Evidence

Name, kind, country, government and parent links each name their source.

  1. MP Materials Corp., Form 8-K (Transaction Agreement with the Department of Defense)

    MP Materials Corp. / U.S. Securities and Exchange Commission (EDGAR)

    Fields supported
    Name · Kind · Country
    Evidence level
    Explicit
    Location in document
    Cover page
    Qualification
    State of incorporation: Delaware; principal executive offices in Las Vegas, Nevada.
    View source dossier →