MP Materials Nears NdPr Target, Eyes GM Magnet Deliveries
MP Materials (MP) is nearing full production of neodymium-praseodymium (NdPr) oxide at its Mountain Pass facility, targeting full run-rate capacity by year-end. The company also anticipates commencing commercial magnet deliveries to General Motors by the close of 2026, bolstering Western rare earth supply amid rising Chinese export restrictions.
Energy & climate policy: Lease, export, , and subsidy shifts move energy equities fast. Watch MP Materials (MP) as it progresses toward full NdPr oxide production and begins commercial magnet deliveries to General Motors, potentially benefiting from increased demand for Western rare earth supply.