CANADA - 2025/09/28: In this photo illustration, the MP Materials logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesMP Materials (NYSE:MP), the foremost producer of rare-earth elements in America, has emerged as one of the remarkable narratives of 2025. Shares are currently trading close to $70, having increased nearly 5x year-to-date as investors flock to the U.S. rare-earth revival narrative. ...