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Mp Materials, officially known as MP Materials Corp., is a leading player in the chemical and fertilizer minerals sector, specialising in the mining and quarrying of salt and other related products. Headquartered in the United States, the company operates primarily in North America, focusing on the extraction and processing of rare earth materials essential for various high-tech applications.
Founded in 2017, Mp Materials has quickly established itself as a key supplier in the industry, particularly noted for its unique capabilities in producing rare earth oxides. The company’s commitment to sustainable practices and innovation has positioned it favourably in the market, contributing to its reputation as a reliable source for critical minerals. With significant achievements in production efficiency and environmental stewardship, Mp Materials continues to play a vital role in the global supply chain for advanced materials.
15
DitchCarbon score
-4 vs industry average
Mp Materials’s score of 15 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Salt and Mineral Mining has above-average carbon intensity
Industry performance
0.437
20182025
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Mp Materials's reported carbon emissions
MP Materials, a US-headquartered company in the chemical and fertilizer minerals sector, reported its Scope 1 emissions as approximately 100,028,000 kg CO2e and Scope 2 emissions as approximately 2,702,000 kg CO2e (location-based) for 2024. This marks an increase from 2023, where Scope 1 emissions were around 73,627,000 kg CO2e and Scope 2 emissions were approximately 1,080,000 kg CO2e. In 2022, Scope 1 emissions were 56,566,000 kg CO2e and Scope 2 emissions were 860,000 kg CO2e. For 2021, the company reported Scope 1 emissions of 24,408,000 kg CO2e and Scope 2 emissions of 8,712,000 kg CO2e. The company has not disclosed Scope 3 emissions data.
MP Materials has set a long-term net-zero target for its operations, supply chain, and financing activities before 2050, with a start year of 2023. This commitment covers all scopes of emissions, as well as specifically addressing downstream Scope 3 emissions.
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Mp Materials’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Mp Materials20 days ago
15
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