MP Materials Corp

Common Name
MP Materials
Country
United States
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
804
Ticker
MP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Mp Materials Corp. is a leading producer of rare earth materials. This company plays a critical role in the supply chain for high-tech applications, producing essential elements like Neodymium-Praseod...

MP Materials Waste Data Preview

In 2023, MP Materials conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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a
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0000000
Total Waste Recovered
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a
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a
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0000000
Total Hazardous Waste Generated
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a
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a
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind MP Materials’s Waste Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore MP Materials’s data sources below and access millions more through our Disclosure Search.

a. MP Materials's Sustainability Report 2024
a. MP Materials's Sustainability Report 2024

Insights into MP Materials’s Generation of Hazardous and Non-Hazardous Waste

In 2023, MP Materials generated a total of 1,263 metric tonnes of waste. a

Of this amount, 26.13% of MP Materials's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 73.87% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

MP Materials’s Hazardous vs Non-Hazardous Waste Over Time

2022202303507001.05 k1.4 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How MP Materials reduced the environmental impact of its waste?

Since 2023, MP Materials's total waste generation has increased by 39.87%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts. a

Since 2023, MP Materials's hazardous waste generation has increased by 1,472.92%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies.. a

Overall, MP Materials has seen a recent increase in both total waste and hazardous waste, which may indicate growing operational pressures or insufficient controls on harmful materials. a

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