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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.
-3 vs industry average
Mp Materials’s score of 15 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Salt and Mineral Mining has above-average carbon intensity
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
In 2024, MP Materials reported approximately 100,028,000 kg CO2e in Scope 1 emissions and about 2,702,000 kg CO2e in Scope 2 emissions (location-based). This follows 2023 emissions of roughly 73,627,000 kg CO2e for Scope 1 and approximately 1,080,000 kg CO2e for Scope 2. In 2022, Scope 1 emissions were around 56,566,000 kg CO2e and Scope 2 emissions were about 860,000 kg CO2e. The company also disclosed Scope 1 and Scope 2 emissions for 2021, which were approximately 24,408,000 kg CO2e and 8,712,000 kg CO2e respectively. MP Materials has set a long-term net-zero target for operations, supply chain, and financing activities before 2050. These targets include Scope 3 downstream emissions and encompass all scopes.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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