Topic: How To Invest

Power Growth Investor Hotline – Friday, May 16, 2025

Article Excerpt

MP MATERIALS CORP., $21.31, is a buy. The company, symbol MP on New York, is the owner and operator of the Mountain Pass mine, the only significant rare-earth commercial mining and processing site in North America. Rare-earth elements are used in a variety of modern devices and applications: magnets in small and large motors; glass additives and glass polishing compounds; rechargeable batteries; television and computer screens; lighting; X-ray machines; and lasers. MP and the Saudi Arabian Mining Co., also known as Ma’aden, have signed an agreement with to explore opportunities to establish a fully integrated, end-to-end rare earth supply chain. Ma’aden is the Middle East’s largest multi-commodity mining and metals firm and stands among the world’s fastest growing, with $8.7 billion in revenues for 2024. A Memorandum of Understanding (MoU) was signed on the sideline of the U.S.-Saudi Investment Forum 2025, taking place in Riyadh, Saudi Arabia. Ma’aden and MP aim to explore opportunities to jointly develop a vertically integrated rare earth supply chain in…