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MP Materials Corp. (MP)
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MP Materials Corp. (MP) Inventory

The inventory for MP Materials Corp. (MP) is $171.56 Million with a year-over-year change of +58.99%. Inventory includes raw materials, work-in-progress, and finished goods held by a company for sale or for use in production.

MP Inventory Chart

MP Inventory
$171.56M+1173.27% 20Y
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Current Inventory

$171.56M

$171.56 Million

Year-over-Year Change

+58.99%

vs. $107.91M prior year

Historical Data

8

Years of data available

Annual Inventory History

YearInventoryYoY Change% Change
2025$171.56M+$63.66M+58.99%
2024$107.91M+$12.72M+13.37%
2023$95.18M+$37.63M+65.38%
2022$57.55M+$18.86M+48.75%
2021$38.69M+$6.42M+19.89%
2020$32.27M+$9.22M+40.02%
2019$23.05M+$9.57M+71.06%
2018$13.47M
Data as of Friday, June 12, 2026

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.

Las Vegas, NV
804 employees
Basic Materials / Industrial Materials
Sector
Basic Materials
Industry
Industrial Materials
CEO
James Henry Litinsky