MP Materials vs Westlake

This page compares MP Materials Corp. and Westlake Corp., examining business models, financial performance, and market context. It presents neutral, accessible information to help readers understand how each company operates, what drives its profitability, and how market factors influence its position. Educational content, not financial advice.

This page compares MP Materials Corp. and Westlake Corp., examining business models, financial performance, and market context. It presents neutral, accessible information to help readers understand h...

Comparison Snapshot

Key Financial Metrics

MP

Metric

WLK

$12.12B

Market Cap

$10.76B

22.55%

Potential Profit

-4.94%

Buy

Analyst Rating

Buy

Investment Analysis

MP Materials

MP

Pros

MP Materials is the only fully integrated rare earth producer in the U.S., controlling the entire supply chain from mining to magnet manufacturing.
The company operates the Mountain Pass Rare Earth Mine, one of the world’s richest rare earth deposits, supporting strong resource base and production capacity.
Strategic partnership with the U.S. Department of Defense enhances processing capabilities and provides visibility on earnings through price floors and offtake agreements.

Considerations

Recent financial results showed a 50% year-over-year decline in materials segment revenue, indicating near-term performance challenges.
MP Materials’ shares trade at extremely high valuation multiples, such as a price-to-sales ratio over 55x, reflecting significant valuation risk.
The stock price declined over 8% after recent quarterly earnings, partly due to investor concerns about profitability and market conditions.

Westlake

WLK

Pros

Westlake Corporation has a diversified portfolio in the chemical and materials industry, providing exposure to various end markets and reducing cyclical risks.
The company benefits from stable cash flow generation supported by integrated operations in petrochemicals and building products.
Westlake has shown a track record of strategic acquisitions that expand its product offerings and geographic footprint.

Considerations

Westlake’s financial performance is exposed to volatility in raw material costs and petrochemical commodity pricing.
The company operates in highly cyclical industries like building materials, subject to economic downturns impacting demand.
Regulatory and environmental compliance costs in chemical manufacturing represent ongoing operational risks.

About The Companies

MP Materials (MP)

MP Materials Corp. (MP) owns and operates the Mountain Pass rare-earth mine in California and is a major US-based producer of rare-earth oxides, notably neodymium and praseodymium (NdPr). These elements are essential for high-strength permanent magnets used in electric vehicle motors, wind turbines and various electronics. The company has been investing to expand domestic processing and reduce reliance on overseas refining, a strategic advantage as manufacturers and governments seek more secure supply chains. For investors, MP combines exposure to commodity price cycles with structural demand driven by electrification and renewable energy. Upside depends on successful capacity expansion and favourable NdPr prices; downside includes commodity volatility, capital‑intensive projects, environmental and regulatory hurdles, and competition from global producers. MP’s market capitalisation is approximately $13.12bn. This is general educational information, not personal advice — returns are not guaranteed and investments may fall as well as rise. Consider whether this stock suits your goals and risk tolerance before investing.

Westlake (WLK)

Westlake Corp. is a global manufacturer and supplier of materials and products used in daily life. Headquartered in Houston, Texas, the company operates across North America, Europe, and Asia. Its business is divided into two primary segments: 'Performance and Essential Materials', which includes chemicals like vinyls, olefins, and polyethylene, and 'Housing and Infrastructure Products', which covers items like pipes, fittings, and building products. These materials are fundamental to a wide range of markets, from housing and construction to packaging, healthcare, and automotive components. For investors, Westlake represents a key player in the basic materials supply chain. However, as with any company in this sector, its performance can be influenced by global economic cycles and raw material costs, and past performance is not a guarantee of future results.

Which Baskets Do They Appear In?

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Published: October 13, 2025

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Tech Supply Chain: Could Trade Wars Create Opportunity?

Recent escalations in the U.S.-China trade war, sparked by tariff threats and restrictions on rare earth materials, have sent shockwaves through the tech sector. This creates a potential investment opportunity in companies that are crucial to building a more resilient, non-Chinese technology supply chain.

Published: October 11, 2025

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Rare Earth Stocks: Supply Chain Risks & Opportunities

China's new export restrictions on rare earth elements are set to disrupt global supply chains for key industries like defense and technology. This creates a strategic investment opportunity in companies involved in rare earth mining and processing outside of China as the world seeks to secure alternative sources.

Published: October 10, 2025

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Which Baskets Do They Appear In?

Critical Minerals Supply Chain Diversification 2025

President Trump's threat to increase tariffs on Chinese goods has escalated the trade conflict, highlighting China's control over rare-earth minerals. This creates an investment opportunity in companies that mine and process these critical materials outside of China, securing alternative supply chains.

Published: October 13, 2025

Explore Basket

Tech Supply Chain: Could Trade Wars Create Opportunity?

Recent escalations in the U.S.-China trade war, sparked by tariff threats and restrictions on rare earth materials, have sent shockwaves through the tech sector. This creates a potential investment opportunity in companies that are crucial to building a more resilient, non-Chinese technology supply chain.

Published: October 11, 2025

Explore Basket

Rare Earth Stocks: Supply Chain Risks & Opportunities

China's new export restrictions on rare earth elements are set to disrupt global supply chains for key industries like defense and technology. This creates a strategic investment opportunity in companies involved in rare earth mining and processing outside of China as the world seeks to secure alternative sources.

Published: October 10, 2025

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Published: August 12, 2025

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Tesla's American Battery Bet

Tesla's new multi-billion dollar deal with LG Energy Solution for U.S.-made batteries highlights a major shift in the energy storage supply chain. This creates a potential investment opportunity in American and allied companies that contribute to battery manufacturing and energy storage solutions.

Published: July 30, 2025

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American Rare Earth Revival

This carefully curated group of stocks focuses on companies positioned to benefit from the U.S. government's push to secure domestic supply chains for rare earths and critical minerals. These resources are essential for defense systems, electric vehicles, and advanced technologies.

Published: July 11, 2025

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King's Ransom

Own the building blocks of our technological future. This collection features carefully selected companies mining and processing rare earth elements - the irreplaceable ingredients powering everything from smartphones to electric vehicles. Handpicked by our expert analysts to capitalize on growing global demand.

Published: June 17, 2025

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Power up your portfolio with companies that form the backbone of our electric future. These carefully selected stocks represent firms providing the indispensable materials and infrastructure needed for the global energy transition.

Published: June 17, 2025

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Tap into the raw materials powering the electric vehicle revolution. These stocks represent carefully selected miners and processors of lithium, nickel, graphite, and other critical battery elements, chosen by our professional analysts for their essential role in the EV supply chain.

Published: June 17, 2025

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Supply Chain Chokepoints

These companies control essential, non-replicable parts of global production that entire industries depend on. Carefully selected by our analysts, this collection features businesses with unique monopoly-like positions that give them exceptional pricing power and hard-to-beat competitive advantages.

Published: June 17, 2025

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Resource Nationalism Portfolio

This carefully selected collection features companies with strategic control over essential, finite resources in politically stable regions. As global demand for critical materials grows, these stocks offer a powerful defense against international supply chain disruptions.

Published: June 17, 2025

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Comparison Snapshot