On September 29, MP Materials Corp. fell 5.02% in regular trading, trading at $46.55 USD/share, with turnover of $114 million.
Within the Diversified Metals & Mining sector where MP Materials Corp. belongs, the overall sector trended lower. Among individual stocks, BHP Billiton down 0.85%, Rio Tinto PLC down 0.44%, USA Rare Earth Inc. down 3.79%, Teck Resources Ltd down 2.39%, HudBay Minerals down 0.71%.
MP Materials Corp., together with its subsidiaries, is the largest rare earth materials producer in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth mine and processing facility, the only active large-scale rare earth mining and processing site in North America. Its rare earth concentrate is primarily sold to refiners in China.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)