Saudi mining giant Ma'aden eyes rare earths partnership [Yahoo! Finance]
MP Materials Corp. (MP)
Company Research
Source: Yahoo! Finance
to position the kingdom as a critical minerals hub, reported Reuters , citing three sources familiar with the matter. The company is evaluating potential collaborations with MP Materials from the US, China's Shenghe Resources, Australia's Lynas Rare Earths or Canada's Neo Performance Materials. Ma'aden plans to finalise its decision by the end of June. The companies will develop plans for both a rare earths processing facility and a subsequent magnet production facility within Saudi Arabia. The chosen partner will collaborate with Ma'aden to study the most effective methods for mining and processing the kingdom's abundant mineral reserves. The study is expected to be completed by December. Saudi officials nearly doubled the estimated value of the kingdom's mineral reserves to $2.5trn (SR9.38trn) last year, mainly due to the inclusion of rare earth elements. While Ma'aden and MP Materials have refrained from commenting, Lynas has acknowledged its ongoing discussions with emer
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MP
Earnings
- 11/6/25 - Beat
MP
Sec Filings
- 12/10/25 - Form 4
- 12/9/25 - Form 144
- 12/5/25 - Form 4
- MP's page on the SEC website