7. MP Materials Corp (NYSE:MP)
Number of Hedge Fund Holders: 53
Stock’s Upside Potential: 37.34%
MP Materials Corp (NYSE:MP) is among the rare earth stocks to buy with high upside. On March 12, MP Materials Corp (NYSE:MP) CFO Ryan Corbett presented at the 2nd Annual CG Virtual Sustainability Summit. Corbett used the summit to highlight the company’s strategic initiatives, including a plan to to reach 6,000 tons in refining capacity by the end of 2026. The company exited 2025 with a 4,000-ton production run rate in its material segment.
Additionally, the executive said the company’s heavy rare-earth separation facilities are set for commissioning in mid-2026. The summit also heard how MP Materials is achieving competitiveness through recycling, and that favorable market conditions are expected to lead to a strong return to profitability.
In other news, DA Davidson on March 10 reiterated its Buy rating on MP Materials Corp. (NYSE:MP) with a price target of $82. Among other things, the equity research firm cited progress in MP Materials’ magnetics production for its renewed bullish view on the stock. MP Materials hit a milestone in Q4 2025 as it made its first production of magnets on a commercial scale. MP Materials delivered a net income of $9.4 million in Q4 2025, compared to a net loss of $22.3 million in Q4 2024. It exited the quarter with $1.17 billion of cash and cash equivalents.
MP Materials Corp (NYSE:MP) is a US company focused on producing rare-earth materials. It operates in materials and magnetic segments. Its products are used in areas like defense systems, clean energy technologies, electric vehicles, and robotics. The company aims to restore America’s rare-earths domestic supply chain. Founded in 2017, MP Materials Corp (NYSE:MP) is headquartered in Las Vegas, Nevada.
6. American Resources Corp (NASDAQ:AREC)
Number of Hedge Fund Holders: 11
Stock’s Upside Potential: 60.77%
American Resources Corp (NASDAQ:AREC) is among the rare earth stocks to buy with high upside. On March 6, American Resources Corp (NASDAQ:AREC) announced that its Electrified Materials Corporation (EMCO) unit has expanded its processing capacity at its Indiana facility. This capacity expansion has been achieved through the addition of a new processing line, and it addresses growing demand for the rare-earth feedstock processing.
What the EMCO unit does is takes end-of-line products and manufacturing scrap and processes them into rare-earth and critical mineral feedstocks. Its work is to produce feedstocks ready for conditioning into material forms that are suitable for refining.
American Resources’ other unit, called ReElement Technologies Corporation (ReElement), takes the conditioned materials and processes them into rare-earth oxides. These processed materials are used in defense, electrification, and advanced manufacturing markets.
In other news, American Resources announced on March 3 that ReElement had filed a patent for a lithium purification technology, marking the subsidiary’s eighth patent filing. ReElement’s lithium purification technology patent describes a platform that processes lithium from brine and other feedstocks in a more efficient manner. For example, the platform requires a smaller footprint and uses fewer chemicals than conventional refining processes.
Indiana-based American Resources Corp (NASDAQ:AREC) is engaged in the production and supply of raw materials for the infrastructure market. Its material supplies include steel, alloys, and critical minerals. Through its Electrified Materials Corporation and ReElement Technologies Corporation units, the company recovers, processes, and refines rare-earth elements and other minerals.
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