MP Materials Key Executives
This section highlights MP Materials's key executives, including their titles and compensation details.
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MP Materials Earnings
This section highlights MP Materials's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-20 | $-0.09 | $-0.12 |
| Read Transcript | Q3 | 2024 | 2024-11-07 | $-0.11 | $-0.12 |
| Read Transcript | Q2 | 2024 | 2024-08-01 | $-0.10 | $-0.17 |
| Read Transcript | Q1 | 2024 | 2024-05-02 | $-0.02 | $-0.04 |
| Read Transcript | Q4 | 2023 | 2024-02-22 | $-0.01 | $-0.02 |
| Read Transcript | Q3 | 2023 | 2023-11-02 | $0.00 | $0.04 |
| Read Transcript | Q2 | 2023 | 2023-08-03 | $0.07 | $0.09 |
| Read Transcript | Q1 | 2023 | 2023-05-04 | $0.18 | $0.27 |
MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. The company holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. It offers cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.
$26.93
Stock Price
$4.40B
Market Cap
804
Employees
Las Vegas, NV
Location
Financial Statements
Access annual & quarterly financial statements for MP Materials, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $203.85M | $253.44M | $527.51M | $331.95M | $134.31M |
| Cost of Revenue | $270.64M | $148.42M | $110.57M | $100.64M | $102.40M |
| Gross Profit | $-66.79M | $105.02M | $416.94M | $231.32M | $31.91M |
| Gross Profit Ratio | -32.76% | 41.40% | 79.04% | 69.70% | 23.76% |
| Research and Development Expenses | $9.31M | $3.50M | $11.82M | $4.57M | $140.00K |
| General and Administrative Expenses | $- | $- | $75.84M | $57.22M | $27.01M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $83.30M | $79.25M | $75.84M | $57.22M | $27.01M |
| Other Expenses | $10.03M | $- | $1.48M | $2.38M | $2.25M |
| Operating Expenses | $102.64M | $82.74M | $89.13M | $64.16M | $29.26M |
| Cost and Expenses | $373.28M | $231.16M | $199.71M | $164.80M | $102.40M |
| Interest Income | $- | $326.00K | $19.83M | $353.00K | $163.00K |
| Interest Expense | $23.01M | $5.58M | $5.79M | $8.90M | $5.01M |
| Depreciation and Amortization | $78.06M | $56.62M | $19.83M | $26.76M | $9.19M |
| EBITDA | $7.72M | $94.95M | $366.77M | $195.86M | $-25.27M |
| EBITDA Ratio | 3.79% | 37.46% | 65.84% | 51.49% | 23.95% |
| Operating Income | $-169.43M | $22.28M | $327.41M | $165.34M | $25.23M |
| Operating Income Ratio | -83.11% | 8.79% | 62.07% | 49.81% | 18.79% |
| Total Other Income Expenses Net | $76.08M | $10.79M | $13.74M | $-5.15M | $-4.76M |
| Income Before Tax | $-93.35M | $33.08M | $341.15M | $160.19M | $-39.46M |
| Income Before Tax Ratio | -45.79% | 13.05% | 64.67% | 48.26% | -29.38% |
| Income Tax Expense | $-27.92M | $8.77M | $52.15M | $25.16M | $-17.64M |
| Net Income | $-65.42M | $24.31M | $289.00M | $135.04M | $-21.82M |
| Net Income Ratio | -32.09% | 9.59% | 54.79% | 40.68% | -16.25% |
| EPS | $-0.20 | $0.14 | $1.64 | $0.78 | $-0.27 |
| EPS Diluted | $-0.20 | $0.14 | $1.52 | $0.73 | $-0.27 |
| Weighted Average Shares Outstanding | 166.84M | 177.18M | 176.52M | 173.47M | 79.69M |
| Weighted Average Shares Outstanding Diluted | 169.88M | 178.15M | 193.45M | 189.84M | 79.69M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.99M | $62.93M | $31.26M | $48.68M | $41.20M | $52.52M | $64.02M | $95.70M | $93.25M | $124.44M | $143.56M | $166.26M | $99.11M | $99.75M | $73.12M | $59.97M | $42.18M | $41.02M | $30.39M | $20.72M |
| Cost of Revenue | $80.38M | $654.00K | $59.90M | $53.98M | $656.00K | $38.97M | $34.91M | $32.34M | $30.13M | $24.51M | $27.50M | $28.43M | $23.07M | $28.86M | $24.62M | $38.26M | $34.44M | $24.87M | $18.61M | $14.43M |
| Gross Profit | $-19.39M | $62.27M | $-28.64M | $-5.29M | $40.55M | $13.55M | $29.12M | $63.36M | $63.12M | $99.93M | $116.06M | $137.82M | $76.04M | $70.90M | $48.50M | $21.71M | $7.74M | $16.15M | $11.78M | $6.29M |
| Gross Profit Ratio | -31.80% | 99.00% | -91.60% | -10.90% | 98.40% | 25.80% | 45.50% | 66.20% | 67.70% | 80.30% | 80.80% | 82.90% | 76.70% | 71.10% | 66.30% | 36.20% | 18.35% | 39.38% | 38.75% | 30.38% |
| Research and Development Expenses | $1.16M | $- | $1.00M | $409.00K | $-10.78M | $10.21M | $7.22M | $8.28M | $5.59M | $2.74M | $1.77M | $1.82M | $2.14M | $1.33M | $984.00K | $125.00K | $11.00K | $11.00K | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $19.40M | $- | $- | $19.40M | $19.71M | $17.60M | $18.22M | $20.57M | $16.23M | $14.88M | $13.63M | $13.58M | $12.53M | $5.63M | $5.84M | $3.08M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $2.01M | $- | $- | $- | $- | $- | $-102.00K | $- | $- | $- | $- | $- | $-14.48M | $- | $- | $- |
| Selling General and Administrative Expenses | $19.07M | $21.52M | $21.43M | $21.27M | $21.42M | $19.56M | $18.86M | $19.40M | $19.71M | $17.60M | $18.12M | $20.57M | $16.23M | $14.88M | $13.63M | $13.58M | $12.53M | $5.63M | $5.84M | $3.08M |
| Other Expenses | $4.33M | $80.29M | $230.00K | $12.66M | $52.76M | $14.46M | $13.82M | $227.00K | $222.00K | $418.00K | $2.21M | $418.00K | $98.00K | $97.00K | $3.50M | $55.00K | $-47.00K | $61.00K | $155.00K | $82.00K |
| Operating Expenses | $24.57M | $101.81M | $22.21M | $21.68M | $74.18M | $30.00M | $26.31M | $27.91M | $25.52M | $20.77M | $20.31M | $22.80M | $18.96M | $16.80M | $14.22M | $14.18M | $13.00M | $6.21M | $6.41M | $3.65M |
| Cost and Expenses | $104.95M | $102.47M | $82.11M | $75.66M | $74.83M | $68.97M | $61.22M | $60.25M | $55.65M | $45.28M | $47.81M | $51.23M | $42.03M | $45.66M | $38.84M | $38.26M | $34.44M | $24.87M | $25.02M | $18.07M |
| Interest Income | $- | $- | $- | $- | $14.03M | $14.46M | $13.82M | $13.30M | $10.95M | $6.17M | $- | $- | $- | $- | $- | $- | $163.00K | $31.95K | $36.88K | $- |
| Interest Expense | $6.76M | $6.65M | $6.75M | $2.86M | $1.11M | $1.40M | $1.39M | $1.36M | $1.33M | $1.22M | $1.33M | $1.91M | $2.49M | $2.62M | $2.64M | $1.15M | $1.43M | $1.71M | $1.07M | $803.00K |
| Depreciation and Amortization | $22.12M | $19.34M | $18.44M | $18.62M | $18.86M | $16.98M | $12.43M | $8.35M | $5.82M | $2.51M | $5.83M | $5.68M | $5.21M | $7.55M | $7.26M | $6.74M | $2.10M | $2.18M | $1.38M | $1.27M |
| EBITDA | $-18.61M | $-8.88M | $-22.97M | $45.11M | $-690.00K | $13.90M | $26.73M | $55.00M | $54.23M | $87.85M | $103.79M | $120.90M | $62.39M | $61.74M | $43.23M | $28.51M | $9.79M | $18.39M | $-59.71M | $4.00M |
| EBITDA Ratio | -30.51% | -14.11% | -103.69% | -17.16% | 25.75% | -3.80% | 25.97% | 51.35% | 52.07% | 68.57% | 72.01% | 69.30% | 57.69% | 54.32% | 51.67% | 36.29% | 18.24% | 39.53% | 22.73% | 19.30% |
| Operating Income | $-43.96M | $-39.54M | $-50.85M | $-26.97M | $-33.63M | $-17.54M | $483.00K | $32.96M | $37.47M | $79.17M | $95.75M | $115.02M | $57.08M | $54.09M | $32.47M | $21.71M | $7.74M | $16.15M | $-61.24M | $2.65M |
| Operating Income Ratio | -72.09% | -62.83% | -162.68% | -55.40% | -81.61% | -33.39% | 0.75% | 34.44% | 40.18% | 63.62% | 66.70% | 69.18% | 57.59% | 54.23% | 44.40% | 36.20% | 18.35% | 39.38% | -201.52% | 12.77% |
| Total Other Income Expenses Net | $10.00M | $4.67M | $2.70M | $56.06M | $12.97M | $13.06M | $12.43M | $12.33M | $9.62M | $4.94M | $886.00K | $-1.71M | $-2.39M | $-2.53M | $865.00K | $-1.10M | $-1.47M | $-1.65M | $-61.80M | $-721.00K |
| Income Before Tax | $-33.96M | $-34.87M | $-48.15M | $23.63M | $-20.66M | $-4.48M | $12.91M | $45.30M | $47.09M | $84.11M | $96.64M | $113.31M | $54.69M | $51.57M | $33.33M | $20.61M | $6.27M | $14.50M | $-62.16M | $1.93M |
| Income Before Tax Ratio | -55.69% | -55.41% | -154.05% | 48.54% | -50.13% | -8.52% | 20.17% | 47.33% | 50.50% | 67.59% | 67.32% | 68.15% | 55.18% | 51.69% | 45.58% | 34.37% | 14.86% | 35.35% | -204.52% | 9.29% |
| Income Tax Expense | $11.62M | $-9.35M | $-14.10M | $7.14M | $4.40M | $-200.00K | $5.52M | $7.85M | $-19.92M | $20.93M | $23.37M | $27.76M | $5.70M | $8.80M | $6.16M | $4.49M | $-17.85M | $-125.00K | $336.00K | $-1.27M |
| Net Income | $-22.34M | $-25.52M | $-34.05M | $16.49M | $-16.26M | $-4.28M | $7.39M | $37.45M | $67.01M | $63.18M | $73.27M | $85.55M | $48.99M | $42.76M | $27.17M | $16.12M | $24.11M | $14.63M | $-62.49M | $1.93M |
| Net Income Ratio | -36.63% | -40.55% | -108.95% | 33.87% | -39.46% | -8.14% | 11.55% | 39.13% | 71.86% | 50.77% | 51.04% | 51.46% | 49.43% | 42.87% | 37.15% | 26.88% | 57.17% | 35.66% | -205.62% | 9.29% |
| EPS | $-0.28 | $-0.16 | $-0.21 | $0.09 | $-0.09 | $-0.02 | $0.04 | $0.21 | $0.38 | $0.33 | $0.42 | $0.45 | $0.28 | $0.24 | $0.16 | $0.10 | $0.22 | $0.20 | $-0.92 | $0.03 |
| EPS Diluted | $-0.28 | $-0.16 | $-0.21 | $-0.08 | $-0.09 | $-0.02 | $0.04 | $0.19 | $0.35 | $0.33 | $0.38 | $0.44 | $0.26 | $0.23 | $0.15 | $0.09 | $0.20 | $0.20 | $-0.92 | $0.03 |
| Weighted Average Shares Outstanding | 163.38M | 164.15M | 165.34M | 174.56M | 177.62M | 177.23M | 176.98M | 176.88M | 176.65M | 190.44M | 176.53M | 191.28M | 176.12M | 176.05M | 172.68M | 168.92M | 111.90M | 71.94M | 68.10M | 71.94M |
| Weighted Average Shares Outstanding Diluted | 163.38M | 164.15M | 165.34M | 186.79M | 177.62M | 177.23M | 177.86M | 193.61M | 193.49M | 193.41M | 193.41M | 193.49M | 193.39M | 193.22M | 193.15M | 179.32M | 123.01M | 71.94M | 68.10M | 71.94M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $282.44M | $263.35M | $136.63M | $1.18B | $519.65M |
| Short Term Investments | $568.43M | $734.49M | $1.05B | $- | $- |
| Cash and Short Term Investments | $850.87M | $997.84M | $1.18B | $1.18B | $519.65M |
| Net Receivables | $18.87M | $29.33M | $32.86M | $51.01M | $3.59M |
| Inventory | $107.91M | $95.18M | $57.55M | $38.69M | $32.27M |
| Other Current Assets | $53.67M | $8.82M | $21.07M | $7.81M | $5.53M |
| Total Current Assets | $1.03B | $1.13B | $1.29B | $1.28B | $561.05M |
| Property Plant Equipment Net | $1.26B | $1.17B | $935.74M | $611.37M | $503.00M |
| Goodwill | $- | $- | $-684.00K | $- | $- |
| Intangible Assets | $7.37M | $8.88M | $89.00K | $- | $- |
| Goodwill and Intangible Assets | $7.37M | $8.88M | $-595.00K | $-516.00K | $-9.10M |
| Long Term Investments | $- | $9.67M | $595.00K | $516.00K | $9.10M |
| Tax Assets | $- | $- | $122.35M | $104.50M | $87.47M |
| Other Non-Current Assets | $34.69M | $18.01M | $-114.14M | $-103.01M | $-77.23M |
| Total Non-Current Assets | $1.30B | $1.21B | $943.96M | $612.86M | $513.24M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $2.33B | $2.34B | $2.24B | $1.89B | $1.07B |
| Account Payables | $23.56M | $28.00M | $15.33M | $35.73M | $16.16M |
| Short Term Debt | $- | $- | $2.39M | $16.34M | $24.74M |
| Tax Payables | $4.04M | $- | $21.16M | $3.46M | $- |
| Deferred Revenue | $56.88M | $- | $122.35M | $3.46M | $-16.16M |
| Other Current Liabilities | $79.54M | $80.56M | $58.60M | $4.01M | $2.16M |
| Total Current Liabilities | $164.02M | $108.55M | $97.48M | $59.54M | $43.06M |
| Long Term Debt | $11.60M | $688.81M | $678.46M | $675.48M | $46.08M |
| Deferred Revenue Non-Current | $- | $17.43M | $- | $34.21M | $42.17M |
| Deferred Tax Liabilities Non-Current | $85.31M | $130.79M | $122.35M | $104.50M | $87.47M |
| Other Non-Current Liabilities | $1.02B | $25.09M | $26.86M | $145.91M | $43.80M |
| Total Non-Current Liabilities | $1.11B | $862.12M | $827.67M | $821.39M | $177.35M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.28B | $970.67M | $925.15M | $880.93M | $220.41M |
| Preferred Stock | $- | $- | $- | $- | $0 |
| Common Stock | $18.00K | $17.00K | $18.00K | $18.00K | $17.00K |
| Retained Earnings | $320.30M | $385.73M | $361.42M | $72.42M | $-62.62M |
| Accumulated Other Comprehensive Income Loss | $173.00K | $145.00K | $189.00K | $-0 | $-0 |
| Other Total Stockholders Equity | $734.39M | $979.89M | $951.01M | $936.30M | $916.48M |
| Total Stockholders Equity | $1.05B | $1.37B | $1.31B | $1.01B | $853.88M |
| Total Equity | $1.05B | $1.37B | $1.31B | $1.01B | $853.88M |
| Total Liabilities and Stockholders Equity | $2.33B | $2.34B | $2.24B | $1.89B | $1.07B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.33B | $2.34B | $2.24B | $1.89B | $1.07B |
| Total Investments | $568.43M | $744.17M | $1.05B | $516.00K | $9.10M |
| Total Debt | $5.80M | $688.81M | $678.44M | $691.82M | $70.82M |
| Net Debt | $-276.64M | $425.46M | $541.82M | $-487.48M | $-448.84M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $282.44M | $284.43M | $296.69M | $297.16M | $264.64M | $547.67M | $927.25M | $651.22M | $136.63M | $427.97M | $664.46M | $1.23B | $1.18B | $1.18B | $1.20B | $1.18B | $519.65M | $30.24M | $38.55M | $-2.76M |
| Short Term Investments | $568.43M | $582.06M | $641.40M | $650.30M | $734.49M | $536.99M | $200.83M | $517.83M | $1.05B | $836.29M | $599.67M | $- | $- | $- | $- | $- | $- | $- | $- | $5.51M |
| Cash and Short Term Investments | $850.87M | $866.49M | $938.09M | $947.46M | $999.13M | $1.08B | $1.13B | $1.17B | $1.18B | $1.26B | $1.26B | $1.23B | $1.18B | $1.18B | $1.20B | $1.18B | $519.65M | $30.24M | $38.55M | $2.76M |
| Net Receivables | $18.87M | $22.39M | $27.83M | $40.90M | $29.33M | $17.31M | $15.23M | $22.97M | $32.86M | $19.88M | $37.02M | $37.11M | $51.01M | $37.09M | $8.18M | $13.93M | $3.59M | $3.57M | $183.00K | $- |
| Inventory | $107.91M | $116.70M | $115.38M | $108.51M | $95.18M | $77.18M | $67.78M | $61.80M | $57.55M | $61.65M | $42.24M | $39.62M | $38.69M | $34.13M | $35.50M | $35.10M | $32.27M | $31.04M | $29.71M | $- |
| Other Current Assets | $53.67M | $11.60M | $10.42M | $10.02M | $8.82M | $9.16M | $12.79M | $13.57M | $21.07M | $11.00M | $5.49M | $6.45M | $7.81M | $4.95M | $11.12M | $8.58M | $5.53M | $9.14M | $2.69M | $- |
| Total Current Assets | $1.03B | $1.02B | $1.09B | $1.11B | $1.13B | $1.19B | $1.22B | $1.27B | $1.29B | $1.36B | $1.35B | $1.32B | $1.28B | $1.26B | $1.25B | $1.24B | $561.05M | $73.67M | $70.69M | $2.76M |
| Property Plant Equipment Net | $1.26B | $1.24B | $1.23B | $1.21B | $1.17B | $1.11B | $1.05B | $1.00B | $935.74M | $830.03M | $749.85M | $668.49M | $611.37M | $583.68M | $561.50M | $533.48M | $503.00M | $57.33M | $49.30M | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $-24.38M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $7.37M | $7.97M | $8.28M | $8.58M | $8.88M | $9.18M | $- | $- | $89.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $7.37M | $7.97M | $8.28M | $8.58M | $8.88M | $9.18M | $-350.00K | $-599.00K | $-24.29M | $-5.92M | $-147.21M | $-528.00K | $-26.25M | $-9.12M | $-9.12M | $-9.12M | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $9.69M | $9.98M | $10.02M | $-135.44M | $350.00K | $599.00K | $595.00K | $5.92M | $600.00K | $528.00K | $516.00K | $9.12M | $9.12M | $9.12M | $- | $- | $- | $- |
| Tax Assets | $- | $- | $107.70M | $121.88M | $56.64M | $135.44M | $135.59M | $129.71M | $23.69M | $167.03M | $146.61M | $127.98M | $25.73M | $98.44M | $95.58M | $91.64M | $- | $- | $- | $- |
| Other Non-Current Assets | $34.69M | $35.61M | $-78.89M | $-99.33M | $17.66M | $16.66M | $-125.00M | $-118.24M | $8.22M | $-164.68M | $-144.69M | $-126.26M | $-24.76M | $-97.34M | $-94.35M | $-90.82M | $10.24M | $26.19M | $27.62M | $-2.76M |
| Total Non-Current Assets | $1.30B | $1.28B | $1.27B | $1.25B | $1.26B | $1.13B | $1.07B | $1.01B | $943.96M | $832.38M | $752.37M | $670.74M | $612.86M | $593.91M | $571.84M | $543.40M | $513.24M | $83.52M | $76.92M | $-2.76M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.33B | $2.30B | $2.36B | $2.35B | $2.39B | $2.32B | $2.29B | $2.28B | $2.24B | $2.19B | $2.10B | $1.99B | $1.89B | $1.85B | $1.82B | $1.78B | $1.07B | $157.19M | $147.60M | $- |
| Account Payables | $23.56M | $21.71M | $19.75M | $26.14M | $28.00M | $92.10M | $71.66M | $68.57M | $15.33M | $70.24M | $62.10M | $41.65M | $35.73M | $27.84M | $37.73M | $27.50M | $16.16M | $18.85M | $13.79M | $- |
| Short Term Debt | $- | $- | $1.19M | $1.17M | $1.15M | $728.00K | $309.00K | $2.33M | $2.39M | $2.42M | $2.44M | $2.48M | $16.34M | $31.19M | $46.05M | $41.84M | $24.74M | $40.30M | $37.62M | $- |
| Tax Payables | $4.04M | $4.93M | $3.39M | $839.00K | $- | $- | $- | $21.16M | $21.16M | $- | $- | $5.25M | $3.46M | $8.10M | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $56.88M | $50.00M | $50.00M | $- | $- | $- | $- | $-2.33M | $122.35M | $167.03M | $-2.44M | $-2.48M | $104.50M | $8.10M | $-37.73M | $-27.50M | $87.47M | $- | $-13.79M | $- |
| Other Current Liabilities | $79.54M | $70.15M | $83.75M | $79.40M | $79.40M | $4.19M | $3.80M | $1.81M | $58.60M | $2.08M | $1.61M | $2.19M | $4.01M | $3.64M | $6.50M | $3.58M | $2.16M | $6.67M | $18.02M | $- |
| Total Current Liabilities | $164.02M | $146.79M | $158.08M | $107.55M | $108.55M | $97.01M | $75.77M | $93.87M | $97.48M | $74.75M | $66.15M | $51.58M | $59.54M | $70.77M | $90.29M | $72.92M | $43.06M | $65.83M | $55.64M | $- |
| Long Term Debt | $11.60M | $943.65M | $943.21M | $942.49M | $689.20M | $691.69M | $687.26M | $679.33M | $678.46M | $677.56M | $676.68M | $675.80M | $675.48M | $674.67M | $673.81M | $691.00M | $46.08M | $54.43M | $70.14M | $- |
| Deferred Revenue Non-Current | $- | $19.84M | $18.76M | $18.35M | $17.43M | $22.02M | $21.97M | $- | $- | $- | $34.75M | $- | $34.21M | $43.45M | $43.10M | $42.54M | $42.17M | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $85.31M | $98.54M | $107.70M | $121.88M | $187.44M | $135.44M | $135.59M | $129.71M | $122.35M | $167.03M | $146.61M | $127.98M | $104.50M | $98.44M | $95.58M | $91.64M | $87.47M | $- | $- | $- |
| Other Non-Current Liabilities | $1.02B | $46.77M | $27.53M | $26.02M | $24.70M | $22.02M | $25.89M | $26.39M | $26.86M | $27.52M | $41.07M | $41.48M | $145.91M | $51.37M | $51.65M | $51.81M | $43.80M | $47.04M | $46.56M | $- |
| Total Non-Current Liabilities | $1.11B | $1.09B | $1.10B | $1.11B | $918.77M | $849.14M | $848.74M | $835.42M | $827.67M | $872.11M | $864.36M | $845.27M | $821.39M | $824.49M | $821.04M | $834.45M | $177.35M | $101.47M | $116.71M | $- |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.28B | $1.24B | $1.26B | $1.22B | $1.03B | $946.15M | $924.51M | $929.30M | $925.15M | $946.86M | $930.50M | $896.84M | $880.93M | $895.26M | $911.33M | $907.37M | $220.41M | $167.30M | $172.35M | $- |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $0 | $56.12M | $2.27M | $- |
| Common Stock | $18.00K | $18.00K | $18.00K | $18.00K | $17.00K | $17.00K | $17.00K | $17.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $17.00K | $17.00K | $20.50M | $20.50M | $- |
| Retained Earnings | $320.30M | $342.64M | $368.16M | $402.21M | $385.73M | $401.99M | $406.26M | $398.87M | $361.42M | $294.41M | $231.24M | $157.97M | $72.42M | $23.43M | $-19.34M | $-46.50M | $-62.62M | $-86.74M | $-101.36M | $- |
| Accumulated Other Comprehensive Income Loss | $173.00K | $296.00K | $-90.00K | $-130.00K | $145.00K | $-32.00K | $-166.00K | $131.00K | $189.00K | $-97.00K | $-416.00K | $-0 | $-0 | $0 | $0 | $-21.04M | $-0 | $43.12M | $- | $-18.02M |
| Other Total Stockholders Equity | $734.39M | $721.58M | $740.95M | $735.65M | $979.89M | $974.10M | $958.82M | $952.79M | $951.01M | $947.97M | $939.90M | $932.38M | $936.30M | $930.75M | $925.94M | $921.64M | $916.48M | $-43.12M | $53.85M | $- |
| Total Stockholders Equity | $1.05B | $1.06B | $1.11B | $1.14B | $1.37B | $1.38B | $1.36B | $1.35B | $1.31B | $1.24B | $1.17B | $1.09B | $1.01B | $954.20M | $906.62M | $875.16M | $853.88M | $-10.12M | $-24.74M | $-18.02M |
| Total Equity | $1.05B | $1.06B | $1.11B | $1.14B | $1.37B | $1.38B | $1.36B | $1.35B | $1.31B | $1.24B | $1.17B | $1.09B | $1.01B | $954.20M | $906.62M | $875.16M | $853.88M | $-10.12M | $-24.74M | $-18.02M |
| Total Liabilities and Stockholders Equity | $2.33B | $2.30B | $2.36B | $2.35B | $2.39B | $2.32B | $2.29B | $2.28B | $2.24B | $2.19B | $2.10B | $1.99B | $1.89B | $1.85B | $1.82B | $1.78B | $1.07B | $157.19M | $147.60M | $-18.02M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.33B | $2.30B | $2.36B | $2.35B | $2.39B | $2.32B | $2.29B | $2.28B | $2.24B | $2.19B | $2.10B | $1.99B | $1.89B | $1.85B | $1.82B | $1.78B | $1.07B | $157.19M | $147.60M | $-18.02M |
| Total Investments | $568.43M | $582.06M | $651.09M | $660.28M | $744.51M | $536.99M | $200.83M | $517.83M | $1.05B | $836.29M | $599.67M | $528.00K | $516.00K | $9.12M | $9.12M | $9.12M | $- | $- | $- | $5.51M |
| Total Debt | $5.80M | $943.65M | $944.40M | $943.66M | $690.35M | $688.84M | $687.57M | $679.33M | $678.44M | $677.56M | $676.68M | $675.80M | $691.82M | $705.87M | $719.87M | $732.84M | $70.82M | $94.73M | $107.77M | $- |
| Net Debt | $-276.64M | $659.22M | $647.71M | $646.50M | $425.71M | $141.17M | $-239.68M | $28.11M | $541.82M | $249.59M | $12.23M | $-557.50M | $-487.48M | $-473.50M | $-477.01M | $-448.67M | $-448.84M | $64.49M | $69.22M | $2.76M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-65.42M | $24.31M | $289.00M | $135.04M | $-21.82M |
| Depreciation and Amortization | $78.06M | $56.62M | $18.36M | $24.38M | $6.93M |
| Deferred Income Tax | $-27.77M | $8.46M | $17.79M | $17.43M | $-17.79M |
| Stock Based Compensation | $23.18M | $25.24M | $31.78M | $22.93M | $5.01M |
| Change in Working Capital | $- | $-32.23M | $4.21M | $-34.29M | $-37.65M |
| Accounts Receivables | $-8.85M | $3.52M | $18.15M | $-47.42M | $-3.22M |
| Inventory | $21.53M | $2.29M | $-24.31M | $-8.23M | $-9.22M |
| Accounts Payables | $1.33M | $11.30M | $1.96M | $5.53M | $-3.85M |
| Other Working Capital | $- | $-49.34M | $8.41M | $15.83M | $-21.36M |
| Other Non Cash Items | $5.31M | $-19.69M | $-17.62M | $-63.52M | $68.60M |
| Net Cash Provided by Operating Activities | $13.35M | $62.70M | $343.51M | $101.97M | $3.28M |
| Investments in Property Plant and Equipment | $-186.42M | $-261.90M | $-326.60M | $-123.87M | $-22.37M |
| Acquisitions Net | $- | $-9.67M | $- | $125.00K | $- |
| Purchases of Investments | $-1.57B | $-1.20B | $-2.78B | $- | $- |
| Sales Maturities of Investments | $1.76B | $1.52B | $1.74B | $- | $- |
| Other Investing Activities | $96.00K | $12.49M | $5.13M | $4.38M | $- |
| Net Cash Used for Investing Activities | $10.06M | $68.70M | $-1.36B | $-119.36M | $-22.37M |
| Debt Repayment | $316.37M | $-2.73M | $-5.83M | $687.57M | $18.63M |
| Common Stock Issued | $- | $- | $- | $- | $544.71M |
| Common Stock Repurchased | $-225.07M | $-7.18M | $-18.36M | $-3.33M | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-96.09M | $-7.18M | $-18.36M | $-21.46M | $-41.38M |
| Net Cash Used Provided by Financing Activities | $-4.79M | $-9.92M | $-24.19M | $666.11M | $521.96M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $18.61M | $121.48M | $-1.04B | $648.72M | $502.87M |
| Cash at End of Period | $283.60M | $264.99M | $143.51M | $1.18B | $532.44M |
| Cash at Beginning of Period | $264.99M | $143.51M | $1.18B | $532.44M | $29.57M |
| Operating Cash Flow | $13.35M | $62.70M | $343.51M | $101.97M | $3.28M |
| Capital Expenditure | $-186.42M | $-261.90M | $-326.60M | $-123.87M | $-22.37M |
| Free Cash Flow | $-173.07M | $-199.20M | $16.92M | $-21.90M | $-19.09M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-22.34M | $-25.52M | $-34.05M | $16.49M | $-16.26M | $-4.28M | $7.39M | $37.45M | $67.01M | $63.18M | $73.27M | $85.55M | $48.99M | $42.76M | $27.17M | $16.12M | $24.11M | $14.63M | $-62.49M | $1.93M |
| Depreciation and Amortization | $- | $18.88M | $18.44M | $18.62M | $18.86M | $13.66M | $7.22M | $8.12M | $7.69M | $2.10M | $5.83M | $5.26M | $4.62M | $6.95M | $6.67M | $6.15M | $5.55M | $2.18M | $1.38M | $1.27M |
| Deferred Income Tax | $-11.54M | $-9.29M | $-14.10M | $7.14M | $-4.70M | $-200.00K | $5.98M | $7.38M | $-24.32M | $20.45M | $18.63M | $23.48M | $17.43M | $182.00K | $-1.42M | $4.16M | $-17.79M | $- | $- | $- |
| Stock Based Compensation | $4.56M | $5.45M | $5.70M | $7.47M | $6.20M | $6.30M | $5.73M | $7.01M | $6.76M | $7.81M | $7.44M | $9.77M | $8.21M | $4.55M | $4.50M | $5.67M | $5.01M | $- | $- | $- |
| Change in Working Capital | $40.55M | $-6.48M | $49.51M | $-43.03M | $-12.46M | $-5.57M | $-17.47M | $3.27M | $-63.25M | $23.09M | $-6.14M | $31.88M | $-17.28M | $-18.69M | $10.54M | $-8.86M | $-23.01M | $-6.99M | $-7.38M | $-265.00K |
| Accounts Receivables | $-39.12M | $-1.25M | $9.92M | $-13.19M | $-14.22M | $-2.07M | $10.14M | $11.61M | $-16.84M | $16.73M | $4.36M | $13.90M | $-13.91M | $-28.92M | $5.75M | $-10.34M | $-15.00K | $-3.39M | $228.00K | $-41.00K |
| Inventory | $1.31M | $-1.31M | $-20.60M | $-20.94M | $-21.60M | $-14.09M | $-6.38M | $-5.02M | $-1.93M | $-18.83M | $-2.62M | $-927.00K | $-4.57M | $1.38M | $-2.21M | $-2.83M | $-1.23M | $-1.33M | $-2.80M | $-3.86M |
| Accounts Payables | $2.63M | $5.56M | $771.00K | $-7.63M | $2.70M | $8.35M | $3.84M | $-3.59M | $3.23M | $4.21M | $1.70M | $-7.18M | $1.23M | $5.69M | $3.06M | $3.06M | $-974.00K | $-2.27M | $228.00K | $-908.00K |
| Other Working Capital | $75.72M | $-9.48M | $59.42M | $-1.27M | $20.66M | $2.25M | $-25.06M | $-3.00M | $-47.72M | $20.99M | $18.63M | $26.09M | $-22.00K | $3.16M | $3.94M | $1.25M | $-20.79M | $-1.00K | $-5.04M | $4.54M |
| Other Non Cash Items | $19.25M | $10.10M | $57.83M | $38.65M | $-5.41M | $1.11M | $1.11M | $-7.74M | $35.21M | $-22.07M | $1.30M | $-34.98M | $-30.45M | $-13.26M | $-8.81M | $-13.91M | $9.72M | $-12.37M | $67.00M | $803.00K |
| Net Cash Provided by Operating Activities | $30.48M | $-6.84M | $30.84M | $-41.13M | $-13.78M | $11.02M | $9.97M | $55.49M | $29.09M | $94.56M | $98.89M | $120.97M | $31.51M | $22.50M | $38.63M | $9.34M | $3.60M | $-2.56M | $-1.49M | $3.73M |
| Investments in Property Plant and Equipment | $-41.65M | $-46.44M | $-46.49M | $-51.84M | $-72.97M | $-58.69M | $-55.77M | $-74.46M | $-112.26M | $-91.75M | $-67.65M | $-54.93M | $-37.45M | $-41.73M | $-25.39M | $-19.30M | $-12.68M | $-4.87M | $-4.21M | $-618.00K |
| Acquisitions Net | $- | $- | $- | $- | $18.00K | $- | $- | $-536.65M | $852.46M | $-525.87M | $- | $5.13M | $-2.62M | $2.62M | $- | $125.00K | $- | $- | $- | $- |
| Purchases of Investments | $-417.37M | $-316.90M | $-443.10M | $-390.61M | $-489.91M | $-384.36M | $- | $-320.88M | $-1.42B | $-759.20M | $-599.20M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $437.38M | $384.07M | $459.84M | $483.06M | $291.98M | $51.72M | $321.70M | $857.53M | $1.22B | $525.87M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $16.74M | $96.00K | $1.75M | $1.05M | $321.70M | $536.65M | $-852.46M | $525.87M | $-599.20M | $5.13M | $1.77M | $2.62M | $- | $125.00K | $-22.37M | $- | $- | $- |
| Net Cash Used for Investing Activities | $-21.64M | $20.73M | $-29.74M | $40.71M | $-269.13M | $-390.28M | $265.93M | $462.19M | $-315.24M | $-325.08M | $-666.85M | $-49.80M | $-35.68M | $-39.11M | $-25.39M | $-19.17M | $-12.68M | $-4.87M | $-4.21M | $-618.00K |
| Debt Repayment | $-794.00K | $-541.00K | $-1.38M | $318.09M | $-631.00K | $-634.00K | $-621.00K | $-846.00K | $-695.00K | $-651.00K | $-671.00K | $-3.82M | $-728.00K | $-717.00K | $-714.00K | $689.72M | $-19.13M | $-963.00K | $-190.78K | $-210.00K |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $-24.30M | $-175.00K | $-200.76M | $-709.00K | $-344.00K | $-156.00K | $-5.98M | $-4.06M | $- | $-202.00K | $-14.09M | $-2.77M | $-36.00K | $-193.00K | $-334.00K | $-996.00K | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-10.03M | $-484.00K | $-175.00K | $-84.41M | $-709.00K | $-344.00K | $-156.00K | $-5.98M | $-4.06M | $- | $-202.00K | $-14.09M | $-2.77M | $-163.00K | $-589.00K | $-17.93M | $504.91M | $-1.58M | $39.13M | $- |
| Net Cash Used Provided by Financing Activities | $-10.83M | $-25.33M | $-1.55M | $32.92M | $-1.34M | $-978.00K | $-777.00K | $-6.82M | $-4.76M | $-651.00K | $-873.00K | $-17.91M | $-3.50M | $-880.00K | $-1.30M | $671.79M | $485.77M | $-2.54M | $38.94M | $-210.00K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $306.66M | $380.24M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-1.99M | $-11.10M | $-469.00K | $32.52M | $-284.25M | $-380.24M | $275.12M | $510.86M | $-290.90M | $-231.17M | $-568.83M | $53.26M | $-7.68M | $-17.50M | $11.94M | $661.96M | $476.69M | $-9.97M | $33.24M | $2.91M |
| Cash at End of Period | $283.60M | $285.59M | $296.69M | $297.16M | $264.64M | $549.24M | $929.48M | $654.37M | $143.51M | $434.41M | $665.59M | $1.23B | $1.18B | $1.19B | $1.21B | $1.19B | $532.44M | $55.74M | $65.71M | $32.48M |
| Cash at Beginning of Period | $285.59M | $296.69M | $297.16M | $264.64M | $548.90M | $929.48M | $654.37M | $143.51M | $434.41M | $665.59M | $1.23B | $1.18B | $1.19B | $1.21B | $1.19B | $532.44M | $55.74M | $65.71M | $32.48M | $29.57M |
| Operating Cash Flow | $30.48M | $-6.84M | $30.84M | $-41.13M | $-13.78M | $11.02M | $9.97M | $55.49M | $29.09M | $94.56M | $98.89M | $120.97M | $31.51M | $22.50M | $38.63M | $9.34M | $3.60M | $-2.56M | $-1.49M | $3.73M |
| Capital Expenditure | $-41.65M | $-46.44M | $-46.49M | $-51.84M | $-72.97M | $-58.69M | $-55.77M | $-74.46M | $-112.26M | $-91.75M | $-67.65M | $-54.93M | $-37.45M | $-41.73M | $-25.39M | $-19.30M | $-12.68M | $-4.87M | $-4.21M | $-618.00K |
| Free Cash Flow | $-11.17M | $-53.29M | $-15.65M | $-92.96M | $-86.75M | $-47.67M | $-45.81M | $-18.97M | $-83.17M | $2.81M | $31.24M | $66.04M | $-5.94M | $-19.23M | $13.24M | $-9.96M | $-9.08M | $-7.43M | $-5.70M | $3.12M |
MP Materials Dividends
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MP Materials News
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MP Materials: A Rare Opportunity In The Rare Earths Supply Chain
MP Materials Corp. is strategically positioned to benefit from rising rare earth metals demand, driven by industries like EVs, wind turbines, and defense technology. MP Materials aims to control the entire rare earth value chain, from mining to magnet production, reducing U.S. reliance on China. The company reported a net loss in Q4 2024 due to high production costs but expects significant growth and profitability by 2026.
MP Materials CEO: There's concern China may gain AI advantage as Ukraine-U.S. mineral deal stalls
James Litinsky, MP Materials chairman and CEO, joins CNBC's 'Squawk on the Street' to break down the details behind the U.S.-Ukraine mineral deal, the critical role of rare earths in AI and defense, and more.
MP Materials: Ready For A Bright Future
MP is completing its full integration this FY25, from the mining to the magnet production. Financial engineering has been exemplary: cash preservation helped by prepayments from future customers, stock buybacks done at low prices, and debt refinancing completed. Margins should increase significantly over the next two years as NdPr metal production reaches its full target, while magnets should enjoy premium prices.
MP Materials Corp. (MP) Canaccord Genuity Sustainability Virtual Summit (Transcript)
MP Materials Corp. (NYSE:MP ) Canaccord Genuity Sustainability Virtual Summit February 26, 2025 2:20 PM ET Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity George Gianarikas Hey, everyone, this is George Gianarikas, one of Canaccord Genuity's Sustainability Analyst. Welcome again to our 2025 Sustainability Summit.
MP Materials Corp. (MP) Q4 2024 Earnings Call Transcript
MP Materials Corp. (NYSE:MP ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Martin Sheehan - Head, Investor Relations Jim Litinsky - Founder, Chairman & Chief Executive Officer Ryan Corbett - Chief Financial Officer Michael Rosenthal - Founder & Chief Operating Officer Conference Call Participants Matt Summerville - DA Davidson Corinne Blanchard - Deutsche Bank Greg Jones - BMO Carlos De Alba - Morgan Stanley Bill Peterson - JPMorgan Ben Kallo - Baird Laurence Alexander - Jefferies Leanne Hayden - Canaccord Operator Hello, and welcome to the MP Materials Fourth Quarter 2024 Earnings Call. We ask that you please hold all questions until the completion of the formal remarks, at which time, you'll be given instructions for the question-and-answer session.
MP Materials Reports Fourth Quarter and Full Year 2024 Results
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights Commenced commercial production of NdPr metal at Independence Began trial production of automotive-grade magnets Produced 11,478 metric tons of rare earth oxides (“REO”) in concentrate, a record for a quarter with a planned maintenance shutdown and sold 7,803 metric tons Pro.
MP Materials Announces Date for Fourth Quarter 2024 Financial Results and Webcast
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the fourth quarter ended December 31, 2024, after the U.S. markets close on Thursday, February 20, 2025. MP Materials' management will host a conference call and webcast that afternoon at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Prior to the conference call and webcast, MP Materials will issue a press release and post a slide presentation at https://investors.mpmaterials.com/. Conference Cal.
As China Tightens Rare Earth Exports, These 3 Stocks Are in Focus
The China rare earth minerals ban on Dec 3, 2024, was a retaliatory move aimed at diluting the United States' efforts to accelerate certain technologies in the computer & technology sector and the aerospace sector. Namely, Chinese exports of antimony, germanium, and gallium to the United States were immediately cut off.
MP Materials: Rare Earth Elements Powering the EV Boom
Investors and consumers are captivated by the potential of battery technology as the electric vehicle (EV) revolution advances. Lithium has become a popular term, but rare earth elements (REEs), like those mined by MP Materials Corp NYSE: MP, are essential for high-performance EV motors.
MP Materials Restores U.S. Rare Earth Magnet Production
FORT WORTH, Texas--(BUSINESS WIRE)---- $MP #rareearth--MP Materials (NYSE: MP) has reached a pivotal milestone in restoring the U.S. rare earth magnet supply chain. The company's flagship Independence facility in Fort Worth, Texas, has commenced commercial production of neodymium-praseodymium (NdPr) metal and trial production of automotive-grade, sintered neodymium-iron-boron (NdFeB) magnets. These achievements bring the U.S. closer to reestablishing a fully integrated, domestic supply chain for these critical co.
3 Stocks to Benefit From China's Rare Earth Export Ban on U.S.
In a tit-for-tat retaliation for President Biden's export controls on 24 types of chip manufacturing equipment, high bandwidth memory, and chip software tools, China banned certain rare earth mineral exports to the United States on Dec. 3, 2024. The ban includes critical rare earth elements such as germanium, gallium, antimony, and superhard materials, with a stricter review of graphite in the interest of national security.
MP Materials: Look Beyond Sour Short-Term Sentiment
MP Materials is a Strong Buy due to its unique position as a Western rare earth mineral supplier, poised for a rebound in commodity prices. The company is transitioning to a fully integrated US supply chain, reducing reliance on Chinese processing, with a new facility expected by late 2025. MP's financial health is robust, with significant liquidity and manageable debt, positioning it well for future growth and share buybacks.
MP Materials Corp. (MP) Jefferies Battery Storage & Materials Virtual Conference (Transcript)
MP Materials Corp. (NYSE:MP ) Jeffries Battery Storage & Materials Virtual Conference December 13, 2024 2:20 PM ET Company Participants Ryan Corbett - CFO Conference Call Participants Lawrence Alexander - Jefferies Lawrence Alexander Hi there. So, thank you.
MP Materials Announces Exchanges of a Portion of its 0.25% Green Convertible Senior Notes due 2026, Representing a Net Reduction of $25 Million of Outstanding Indebtedness
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that on December 9, 2024, it entered into separate, privately negotiated exchange agreements (the “Exchange Agreements”) with a limited number of holders of its 0.25% green convertible senior notes due 2026 (the “2026 Convertible Notes”). Pursuant to the Exchange Agreements, the Company will exchange approximately $131.6 million aggregate principal amount of the 2026 Convertible Notes for.
MP Materials to Participate in the Jefferies 2024 Battery Storage & Materials Virtual Conference
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Jefferies 2024 Battery Storage & Materials Conference on Friday, December 13, 2024, at 2:20 p.m. Eastern Time. Live webcasts and replays will be available at https://investors.mpmaterials.com/. About MP Materials MP Materials (NYSE: MP) produces specialty materials that are vital inputs for electrification and other advanced technologies. MP's Mountai.
MP Materials: Mission Critical And Ready To Double
MP Materials plays a pivotal role in rare earths, vital for EVs and AI. It's expanding production and refining, ensuring U.S. independence from China's dominance. Geopolitical shifts, including U.S.-China tensions, boost MP's relevance. Strong finances and buybacks enhance its long-term value despite cyclical headwinds. While near-term profitability is challenged, MP's growth trajectory and strategic importance make it a strong buy for investors comfortable with its volatility.
Why MP Materials Stock Popped 11% Today
Shares of MP Materials (MP 11.10%), a miner of rare earth metals, shot up 11% through 10:15 a.m. ET Tuesday morning after China announced restrictions on exports to the U.S. of certain products containing gallium, germanium, antimony, and "superhard materials," according to a Reuters report.
MP Materials Corp. (MP) Baird 2024 Global Industrials Conference Transcript
MP Materials Corp. (NYSE:MP ) Baird 2024 Global Industrials Conference November 13, 2024 11:15 AM ET Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants Ben Kallo - Baird Ben Kallo Thank you. Good day everyone.
MP Materials: Everything Is Going According To The Plan
MP Material is the only fully vertically integrating Rare Earth mining company in the Western Hemisphere. It is finishing its complete transformation from the upstream (mining) and midstream (refining) to the downstream (production of magnets). FY25 should see a margin expansion as production yields are ramping up and magnets start to be sold by year-end.
MP Materials Corp. (MP) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference (Transcript)
MP Materials Corp. (NYSE:MP ) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference November 4, 2024 2:50 PM ET Company Participants Martin Sheehan - Head of Investor Relations Ryan S. Corbett - Chief Financial Officer Conference Call Participants Brian Sponheimer - Gabelli Funds Brian Sponheimer Okay.
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