MP Materials stock has gained momentum year-to-date as President Trump’s push to acquire Greenland moved to the geopolitical foreground. The rise ties to the company’s role at the Mountain Pass mine and the U.S. effort to secure rare earth supplies, with the U.S. government having invested about $400 billion, according to a report.
Shares trade near $68 after a roughly 25% gain year-to-date and a 230% rise over the past year. A $1,000 stake made in early January would be worth about $1,250 as of Wednesday.
Greenland holds ore but lacks large-scale mining infrastructure, which could make deployment of U.S. firms likely if control changes. The government could prioritize domestic firms to protect its investment (Ed. note: this would align with stated funding goals).
Revenue forecasts project growth exceeding 180% in 2026. Wall Street estimates place the stock toward $85 to $105 if current geopolitical momentum continues.
