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MP

Stock Data

$56.91

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$1.60 (2.74%)

Asset Type

Common Stock

Exchange

NYSE

Currency

USD

Country

USA

Sector

BASIC MATERIALS

Industry

OTHER INDUSTRIAL METALS & MINING

MP Materials Corporation is a key player in the production of rare earth materials, operating the Mountain Pass Rare Earth mine in North America. This company, founded in 2017 and based in Las Vegas, Nevada, not only mines these critical minerals but also processes them. It holds exclusive mineral and intellectual property rights for the development of these resources, positioning itself as a vital link in the global supply chain for rare earth elements.

Latest Activity

Mad Money w/ Jim Cramer 8/14/26

  • Tim Cook, from Harrodsburg, Kentucky: Apple is putting $600 billion to work over four years across 79 US factories
  • Cook credits the Corning glass partnership dating to the first iPhone in 2007 for reviving the town
  • Cramer pushes back that the $2.5 billion Corning commitment is a drop in the bucket
  • Cook argues the reshoring creates a domino effect pulling foreign suppliers onshore

Apple's capital now decides which US manufacturers get scale: Cook has put $600 billion behind the reshoring pledge, with Corning the first proof point. Cramer's challenge is whether that is anywhere near enough for holders of the supplier names.

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