Founder, Chairman, President & Chief Executive Officer, Mp Materials
Search every verified James Litinsky interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. James Litinsky, founder and CEO of MP Materials, appeared on a podcast on June 1, 2025, where he discussed the company's role in the rare earth supply chain and its connection to artificial intelligence. He described rare earth magnets as "the feed stock to physical AI" and stated that "electrified motion requires rare earth magnets." Litinsky noted that the Department of Defense is becoming MP Materials' "largest economic investor" and is providing a price floor for the company's commodity to protect against Chinese competition. He also mentioned a recent $400 million public-private partnership with the DoD and a deal with Apple. In a 2022 talk, Litinsky predicted that within five years, a major household-name OEM would "fail or need a bailout" due to lack of access to a critical material. He also advocated for a "grand bargain" between environmentalists and industry, suggesting that environmentalists should accept the need for domestic mining and loosen permitting, while industry should accept tough environmental standards. Litinsky, a former hedge fund manager, acquired the Mountain Pass mine out of bankruptcy and built MP Materials into what he described as the only U.S. supplier and refiner of rare earth materials and maker of magnets.
“Rare earth magnets are really the feed stock to physical AI. um you know robots, drones, everything we're talking about today, the biggest industry in the world to come. Um essentially electrified motion requires rare earth magnets.”
“DoD is becoming our largest economic uh investor. Um as well as they're going to provide uh a price floor for our commodity so that the Chinese sort of Chinese mercantalism we can get into that uh won't take the price of the commodity below the cost of production. And then as a result of the DoD investment we're going...”
“I'll make a prediction. I'll bet that in the next 5 years we will see a major household name OEM fail or need a bailout due to not, you know, prices went up on them, but lack of access to a material, some kind of critical material.”
“There should be a grand bargain, right? There should be The environmentalists should say, 'Okay, I accept that we need this stuff. I accept that we don't want it to be only made in Russia and China.' And they should loosen up on some of the permitting stuff, and I think the people who are just like, you know, drill, dr...”
“I continue to believe that access to NDPR oxide will remain the binding constraint for economically viable rare earth magnet production outside of China for at least the next 5 years. A useful rule of thumb in the industry is that every two tons of magnet output requires approximately one ton of NDPR oxide feed stock....”
“I think that the future of warfare will be around millions if you know eventually not billions of robots and drones working in in cohesion. And you know obviously that is just a huge demand accelerant for rare magnetics.”
“I believe that by, you know, when that facility comes online, MP will be from an IP standpoint, um we will leap ahead and be the best magnet maker in the world.”
“I do think that at some point as humanoid robotics in particular becomes um you know a reality if we if we believe what you know sort of the great technologists are saying um rare earth magnetics are the key item right along with obviously chips and and and the ability to to figure out how to make and manufacture the p...”
“I think versus market expectation I wouldn't be surprised to see the the heavies prices you know well specifically the magnetics heavies DYTV decline not not the others just the magnetics ones dyb decline quite substantially from here um because they they sort of are secondary now to this binding constraint of NDPR.”
“Our deal is very different and our deal, we can get into the politics. But there's actually a long tradition of public private partnerships in times of national security crisis in the country.”
“We are a vertically integrated rare earth magnet producer. So we mine and refine materials in Mountain Pass, California. We send them to a factory in Fort Worth, Texas. And so we have the vertically integrated supply chain to truly solve the rare earth magnetic crisis that we have, which is critical for essentially the...”
“As part of our partnership with DOD, the goal is to accelerate everything that we've been doing to ten x our capacity, which will essentially solve the American imports as of today.”
“We had the public private partnership with the Department of Defense. And then we also had a big deal with Apple where Apple is going to be the foundational customer for our recycling business. So we're going to have the full closed loop of rare earth magnetic.”
“The DOD is now our largest shareholder. They're also our business partners. So they have an economic interest in our magnetics factory separate from their ownership. And they're our largest customer. So it's a really humbling relationship that we have to execute for.”
“We were in the position to get the deal because we had embarked on this vertically integrated strategy and executed it. They came to the conclusion that we were the only ones who could execute this in a timely manner and in a thoughtful way.”
(0:00) James Litinsky, MP Materials (13:32) Lisa Su, AMD (29:45) Chase Lochmiller, Crusoe (43:26) Jensen Huang, Nvidia ...
This talk was recorded LIVE at the All-In Summit in Miami and included slides. To watch on YouTube, check out our All-In Summit playlist: https://bit.ly/aisytplaylist 0:00 Chamath intros MP Materials CEO James Litinsky 1:13 James gives a talk on supply chain, energy independence, acquiring the Mountain Pass mine and starting MP Materials 12:48 Bestie Q&A with James: US falling behind in rare earth mining, risk compliance, energy independence breeding geopolitical leverage, mining lithium in the ocean vs Earth's crust, and more Follow MP Materials: / mpmaterials Follow the…
05/07/2026 Q&A: 17:12 MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics. The Materials segment owns and operates the Mountain Pass Rare Earth Mine and Processing facility located near Mountain Pass, San Bernardino County, California. The Magnetics segment produces magnetic precursor products, including NdPr metal; and manufactures NdFeB permanent magnets. MP Materials Corp. was founded in 2017 and is headquartered in Las Vegas, Nevada. #mpmaterials #earningscall #fundamentalanalysis…
James Litinsky, MP Materials chairman and CEO, joins 'Squawk Box' to discuss the company's deal with the U.S. government, ...
Key points from the discussion include: Rare Earth Materials and Magnets: Jim Litinsky, CEO of MP Materials, discusses the ...
MP Materials CEO James Litinsky Highlights Rare Earths' Critical Role in Powering Physical AI - James Litinsky, CEO of MP ...
(0:00) James Litinsky, MP Materials (13:32) Lisa Su, AMD (29:45) Chase Lochmiller, Crusoe (43:26) Jensen Huang, Nvidia ...
Gracelin Baskarian, director of the Critical Minerals Security Program at the Center for Strategic and International Studies, breaks down the deal between tech giant Apple and rare earths supplier MP Materials. The two companies announced they would build a factory in Texas to manufacture materials needed for Apple products. Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last week secured backing from the Pentagon. The two companies will build a factory in Texas, with neodymium magnet manufacturing lines tailored for Ap…
#mpstockanalysis #mpstocknews #mpstocktoday MP Materials’ CEO James Litinsky discusses a landmark deal with the U.S. Department of Defense, which will see the Pentagon become the company’s largest shareholder. The agreement includes a$400 million investment, price support, and offtake commitments, aiming to massively expand U.S. rare earth magnet production. Litinsky explains how this move is designed to counter China’s dominance in the sector, secure critical supply chains, and create a win-win for shareholders, the government, and taxpayers. The interview explores the deal’s structure, its…
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF). MP Materials rose as much as 60%, the most intraday since the company’s IPO in 2020, after the firm struck a multibillion dollar public-private deal with the US Department of Defense to build a new magnet plant and expand rare earth capabilities, backed by $400 million in equity and a $1 billion loan commitment. Bloomberg Intelligence sees the company's public-private partnership with the Pentagon not only providing capital but also setting a price floor of $110 per kilogram for MP's NdPr products fo…
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