The Work Index by Flexa

MP Materials

MP Materials is the largest producer of rare earth materials in the Western Hemisphere, operating the only integrated rare earth mining and processing site in North America.

https://mpmaterials.com/
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Description

MP Materials is the largest producer of rare earth materials in the Western Hemisphere, owning and operating the Mountain Pass Rare Earth Mine and Processing Facility in California. This site is North America’s only active and scaled rare earth production site, producing approximately 15% of the global rare earth content consumed in 2020. The company's mission is to restore the full rare earth supply chain to the United States, and they are committed to sustainability, operating a closed-loop, zero-discharge facility with a dry tailings process.

MP Materials recognizes the importance of rare earth elements in modern technology, particularly for electric vehicles, drones, defense systems, wind turbines, and other high-growth technologies. They are strategically expanding their manufacturing operations downstream to create a full supply chain solution, from materials to magnetics. This includes building their first rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas, which will create approximately 150 skilled jobs.

Mission

MP Materials is a rare earth materials company dedicated to restoring the full rare earth supply chain to the United States, aiming to reduce dependence on foreign sources for critical materials used in advanced technologies. They own and operate Mountain Pass, the only integrated rare earth mining and processing site in North America, and are expanding downstream operations to produce rare earth metals, alloys, and magnets, ultimately creating a vertically integrated domestic supply chain. Their mission is driven by a desire to create American jobs, enhance national security, and accelerate the adoption of clean energy technologies.

Disruptor
Environmental impact driven
Social impact led
Sustainability

Culture

MP Materials emphasizes a culture of American leadership, focused on restoring the full rare earth supply chain to the United States. They highlight their commitment to onshoring jobs, national security, and a carbon-reduced future, reflecting a strong sense of patriotism and a dedication to sustainable practices. This dedication extends to their workforce, with the company striving to create a positive and supportive environment for employees while emphasizing their role in driving a critical industry.

DE&I

MP Materials is committed to creating a diverse, equitable, and inclusive workplace that reflects the communities in which it operates. This commitment is reflected in its efforts to recruit and retain a workforce that represents a broad range of backgrounds, experiences, and perspectives, and to ensure that all employees have equal opportunities for advancement. The company also strives to foster a culture of respect and understanding, where all employees feel valued and empowered to contribute their unique talents.

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