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MP Materials Corp (MP) Sees Winning Formula in Capacity Expansion and Recycling

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.

Source: Pexels

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.

While we acknowledge the risk and potential of MP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years

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