Mag REEsource Competitors

MP Materials (NYSE: MP) is rebuilding the American rare earth supply chain. From our operations in California and Texas, we produce the materials and magnets that power technologies critical to modern life, economic competitiveness, and national security. At Mountain Pass, California, we operate one of the world's richest rare earth deposits and the second-largest rare earth mine globally. There, we mine, process, separate, and refine rare earth materials. In Texas, we manufacture high-performance rare earth magnets at our Independence facility, bringing a critical industrial capability back to the United States. We are expanding those capabilities through investments in additional refining capacity, recycling circuits, and larger-scale magnet manufacturing. Construction is underway on 10X, our second U.S. magnetics facility, which will further scale domestic production and help meet growing demand from industry. MP Materials serves leading customers across technology, automotive, and defense, including Apple, General Motors, and the U.S. Department of War. Our mission is straightforward: restore the full rare earth supply chain to the United States and strengthen the industrial foundation on which the next generation of American manufacturing will be built.

Backed by an over 130-year history, Ecovyst has evolved into a family of leading sulfur brands united by a shared commitment to reliability, innovation, and performance. We have carefully cultivated our reputation as a premier provider of virgin sulfuric acid, sulfuric acid regeneration services, and sulfuric acid derivatives. Our company has longstanding customer relationships, and our products and services play an essential role in our customers’ operations and industrial processes. We support our customers’ growth, while enabling the expansion of forward-looking technologies such as the production of cleaner-burning fuels and the mining of minerals such as copper, that are essential in broader electrification and the global expansion of data centers. We have a strong financial profile and a proven history of favorable cash generation that provides for significant capital allocation flexibility as we look to expand our business as we support the rapidly evolving needs of our customers. A key component of this evolution is the new addition of the Calabrian business, a leading producer of sulfur-based specialty chemicals. This acquisition furthers Ecovyst’s capabilities into sulfur dioxide and related derivatives, enabling us to expand and serve a broader set of essential industries. Calabrian further enhances Ecovyst’s role as a trusted partner in advancing critical industrial and environmental applications through our sulfur expertise. At Ecovyst, we are accelerating the implementation of our growth strategies while maintaining our focus on efficient and reliable operations to support our customers’ needs for critical product and services.