MP Materials

MP

Market cap $12.2B

The Commerce Department is set to decide on tariffs this month.

Rare earths producer MP Materials continues to make gains at the stock markets in 2026 after an exceptional last year. Its latest earnings report is encouraging to the extent that revenue growth is robust and the company has managed to report profits for the second consecutive quarter. Unchanged Chinese regulations on rare earths also continue to support MP Materials as a key producer in the US. The stock's long-term market multiples aren't bad either.

USAR could secure up to $19.3M in DOE funding to advance a pilot rare earth separation facility and expand U.S. processing capacity.

For years, the Trump administration's rare-earth strategy has been straightforward: reduce dependence on China and create an American supply chain for the critical minerals powering everything from electric vehicles to fighter jets. Now two of the strategy's biggest beneficiaries are fighting each other.

USA Rare Earth scales U.S. magnet output with funding and expansion plans, while MP Materials ramps production and revenues despite rising costs.

President Donald Trump‘s administration has made a habit of taking equity stakes in American industries it deems strategically critical — Intel Corp. (NASDAQ:INTC), rare earth mining companies like MP Materials (NYSE:MP) and others have already seen the government show up as a part-owner rather than just a customer.

MP Materials (NYSE:MP) is the closest thing the U.S.

Idaho Strategic's profitable gold business, rising earnings and lower valuation give it an edge over MP Materials in the rare-earth investment race.

MP stayed perfect when it got a new rating. All the analysts on Wall Street rate shares Buy.

MP Materials posts narrower Q1 2026 operating loss but extends 11-quarter loss streak as rising costs offset 49% revenue growth.