MP Materials Surges to 122nd in Daily Rankings with $648 Million Turnover

On June 12, 2025, MP Materials (MP) saw a significant surge in trading volume, with a turnover of $648 million, marking a 64.58% increase from the previous day. This substantial rise placed MP at the 122nd position in the daily stock market rankings, reflecting a notable uptick in investor interest.

MP Materials has been actively involved in advancing technologies that support the separation of heavy and light rare earth elements. The RapidSXT technology, developed by the company, has shown remarkable efficiency in this process, aligning with broader U.S. efforts to reduce dependencies on foreign minerals.

In addition to technological advancements, MP Materials has submitted three new license applications in Greenland. These applications target the extraction of copper, gold, and rare/critical earth elements, further expanding the company's operational footprint and resource portfolio.

MP Materials is also playing a crucial role in the U.S. government's efforts to combat China's export controls. The company is prepared to install processing equipment in the U.S., which will help mitigate the impact of China's dominance in the rare earth elements market.