MP Materials Corp. (MP) Capital Expenditures
The capex for MP Materials Corp. (MP) is $172.38 Million with a year-over-year change of -7.53%. Capital Expenditures (CapEx) represents spending on physical assets like property, plant, equipment, and technology infrastructure. It's the investment in the company's future productive capacity.
MP CapEx Chart
Current CapEx
$172.38M
$172.38 Million
Year-over-Year Change
-7.53%
vs. $186.42M prior year
Historical Data
8
Years of data available
Annual CapEx History
| Year | CapEx | YoY Change | % Change |
|---|---|---|---|
| 2025 | $172.38M | $-14.04M | -7.53% |
| 2024 | $186.42M | $-75.48M | -28.82% |
| 2023 | $261.90M | $-64.70M | -19.81% |
| 2022 | $326.60M | +$202.72M | +163.66% |
| 2021 | $123.87M | +$101.50M | +453.73% |
| 2020 | $22.37M | +$20.10M | +883.73% |
| 2019 | $2.27M | $-5.52M | -70.81% |
| 2018 | $7.79M | — | — |
About MP Materials Corp.
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- James Henry Litinsky