James Litinsky

Person

Founder and CEO of MP Materials, a company he transformed from a bankrupt entity into the sole US supplier and refiner of rare earth materials.


entitydetail.created_at

7/26/2025, 7:10:40 AM

entitydetail.last_updated

7/26/2025, 7:12:00 AM

entitydetail.research_retrieved

7/26/2025, 7:12:00 AM

Summary

James Litinsky is the Founder, Chairman, and CEO of MP Materials, an American company operating the sole rare earth mine and processing facility in the U.S. at Mountain Pass. He transformed the previously bankrupt mine into a crucial domestic producer of Neodymium-Praseodymium (NdPr), vital for high-strength permanent magnets used in electric vehicles, robotics, and wind turbines. Litinsky spearheaded a significant public-private partnership with the U.S. Department of Defense to strengthen the domestic magnet supply chain and counter China's dominance, a deal initiated during the Trump administration and serving as a model for industrial strategy. He also led MP Materials to go public in 2020 and initiated a multi-year strategy for domestic rare earth separation and magnet manufacturing. As of 2024, he is the company's largest shareholder.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Gender

    male

  • Alma Mater

    Yale University (B.A. in Economics), Northwestern University (J.D., M.B.A.)

  • Current Role

    Founder, Chairman, and CEO of MP Materials

  • Shareholding in MP Materials (2024)

    Largest shareholder

  • Shareholding in MP Materials (December 2021)

    One of the three largest shareholders

Timeline
  • Founded JHL Capital Group, a multibillion-dollar alternative investment firm, serving as its CEO and CIO. (Source: Web Search)

    2006

  • Led MP Materials since its inception as Founder, Chairman, and Chief Executive Officer, transforming the Mountain Pass mine. (Source: Web Search)

    2017

  • Spearheaded the transformative MP Materials-DoD Deal, a public-private partnership with the U.S. Department of Defense to secure the U.S. magnet supply chain, spurred by the President Trump administration. (Source: Summary, Related Documents)

    2017-2021

  • Took MP Materials public on the New York Stock Exchange. (Source: Web Search)

    2020

  • Identified as one of the three largest shareholders in MP Materials. (Source: Wikipedia)

    2021-12-01

  • Became the largest shareholder in MP Materials. (Source: Web Search)

    2024

  • Partnered with Apple to launch MP Materials' recycling platform and scale up its magnetics business, including producing recycled rare earth magnets in the United States. (Source: Web Search)

    Undated

MP Materials

MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States. MP Materials focuses its production on Neodymium-Praseodymium (NdPr), a rare earth material used in high-strength permanent magnets that power the traction motors found in electric vehicles, robotics, wind turbines, drones and other advanced motion technologies. MP Materials is listed on the New York Stock Exchange under the ticker symbol "MP". As of December 2021, JHL Capital Group, QVT Financial and CEO James Litinsky were the company's three largest shareholders, with about 7.7% of the company owned by Shenghe Resources, a Chinese company partly owned by the country's Ministry of Natural Resources. In July 2025, the United States Department of Defense announced a deal that would make it the largest shareholder of MP Materials.

Web Search Results
  • James Litinsky - MP Materials

    James H. Litinsky has led MP Materials (NYSE: MP) since its inception in 2017. As Founder, Chairman, and Chief Executive Officer, he transformed Mountain Pass from a dormant site into the cornerstone of America’s resurgent rare earth supply chain. In 2020, James took MP Materials public and initiated a multi-year strategy to rebuild domestic capabilities for rare earth separation and magnet manufacturing, strengthening America’s energy, defense, and technology supply chains. [...] Prior to establishing MP Materials, James founded JHL Capital Group in 2006, a multibillion-dollar alternative investment firm, where he served as CEO and CIO. Earlier in his career, James worked at Fortress Investment Group, served as Director of Finance at Omnicom Group, and was a merchant banker at Allen & Company. James graduated cum laude from Yale University with a B.A. in Economics and earned both a J.D. and an M.B.A. from Northwestern University’s School of Law and Kellogg School of [...] MP Materials James Litinsky ## James Litinsky

  • MP Materials - Wikipedia

    | | | | --- | --- | | | | | Company type | Public | | Traded as | NYSE: MP S&P 600 component | | Industry | Materials Mining | | Founded | 2017; 8 years ago (2017) | | Founders | James Litinsky Michael Rosenthal | | Headquarters | Las Vegas, Nevada, U.S. | | Area served | Worldwide | | Key people | James Litinsky (Executive Chairman & CEO) Michael Rosenthal (COO) | | Products | Rare earth concentrates, metals, and neodymium magnets | | Production output | 38,500 tonnes (2020) | [...] As of December 2021, JHL Capital Group, QVT Financial, and CEO James Litinsky were the company's three largest shareholders, and about 7.7% of the company was owned by Shenghe Resources. Apart from institutions, other investors own 18%. As of 2024, CEO James Litinsky was the company's largest shareholder. Other large shareholders include Vanguard, Shenghe Resources, BlackRock and Hancock Prospecting. [...] MP Materials is listed on the New York Stock Exchange under the ticker symbol "MP". As of December 2021, JHL Capital Group, QVT Financial and CEO James Litinsky were the company's three largest shareholders, with about 7.7% of the company owned by Shenghe Resources, a Chinese company partly owned by the country's Ministry of Natural Resources "Ministry of Natural Resources (China)").

  • A Conversation with James Litinsky, Founder, Chairman, and CEO ...

    James Litinsky, Founder, Chairman, and CEO of MP Materials joins CG Senior Sustainability Analyst George Gianarikas to discuss his journey from his JD/MBA, his tenure on Wall Street, to his discovery of Mountain Pass, a rare earth mining and processing site in California. Litinsky walks us through the highlights of his investment career, including how he established JHL Capital Group LLC (an alternative investment management firm), his experience during the ’08 financial crisis, and how a small [...] -- Please visit for more details on Canaccord Genuity Research and send all inquiries to strategicinsights@cgf.com. This content is for informational purposes only and should not be taken as legal, business, financial or investment advice. This content is not intended to promote any product or service of Canaccord Genuity. The opinions and views expressed in this program may not necessarily reflect the institutional views of Canaccord Genuity or its affiliates. [...] Canaccord Genuity LLC is a registered broker-dealer regulated by the SEC and FINRA. Member SIPC. Canaccord Genuity Corp. Member CIRO/Canadian Investor Protection Fund. Canaccord Genuity Limited, Authorized and Regulated by the Financial Conduct Authority, Member LSE. Offices in other countries are offices of other companies in the Canaccord Genuity group of companies. Canaccord Genuity Research Disclosures are available at the following link: Share ### CG Websites ### CONTACT

  • MP Materials and Apple Announce $500 Million Partnership to ...

    “We are proud to partner with Apple to launch MP's recycling platform and scale up our magnetics business,” said James Litinsky, Founder,

  • James Litinsky - MP Materials - Investor Relations

    Prior to Fortress, he was a director of Finance at Omnicom Group, Inc., and worked as a merchant banker at Allen & Company. Mr. Litinsky received a B.A. in