Should You Invest $1,000 in MP Materials Right Now?

Right now, in your phone or laptop, a high-performance magnet is doing essential work. It enables your speakers to convert electric signals into sound (and vice versa), to align charging coils properly, and even make that little vibration when your phone buzzes with a text.These magnets are made from powerful elements, such as neodymium, iron, and boron. Without them, your device would be weaker and less efficient. And without a U.S. mining company like MP Materials (NYSE: MP), the origin of these magnets would most likely come from foreign soil.MP Materials owns and operates the Mountain Pass mine in California, one of the few scalable rare earth mines in the U.S., from which it extracts the metals needed to produce high-performance metals. It's also becoming more vertically integrated, with a magnet factory in Fort Worth, Texas, and another (the 10X Facility) on its way.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool