MP Materials MP shares have soared 148.5% in the past one year, significantly outperforming the industry’s 50.1% growth, the Zacks Basic Materials sector’s 44.7% rise and the S&P 500’s gain of 15.7%.

MP Materials MP and USA Rare Earth, Inc. USAR are two U.S.-based companies in the rare-earth metals and magnets space. Rare earths are crucial to the production of high-performance magnets used in EVs ...

Amid a sharp downturn in the critical resource sector, many investors fretted that enterprises such as MP Materials ( MP) — which specializes in rare earths that are essential to the development of ...