MP Materials Corp. (MP) ended the recent trading session at $16.05, demonstrating a -1.53% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.06% for the day. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.76%.Prior to today's trading, shares of the company had lost 17.88% over the past month. This has lagged the Basic Materials sector's loss of 6.09% and the S&P 500's gain of 3.36% in that ...

RHJChina announced export controls on the export of two rare earth metals in early July 2023. Since then, MP Materials (NYSE:MP) stock price has sagged, despite being North America’s largest operational rare earth mining operation. In late December 2023, China announced banning exporting of certain technologies related to rare earths processing. It may be a good time to revisit MP - market interest in this company has waned, which is evident in the sparse coverage on this stock from the big investment b ...

MP Materials Corp. (MP) closed at $18.59 in the latest trading session, marking a +1.36% move from the prior day. The stock lagged the S&P 500's daily gain of 1.41%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 2.2%.Coming into today, shares of the company had gained 9.56% in the past month. In that same time, the Basic Materials sector gained 5.33%, while the S&P 500 gained 2.9%.Market participants will be closely following the financial results of M ...

MP Materials Corp. (NYSE:MP) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Martin Sheehan - Head, Investor Relations Jim Litinsky - Founder, Chairman and Chief Executive Officer Michael Rosenthal - Founder and Chief Operating Officer Ryan Corbett - Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Laurence Alexander - Jefferies Carlos De Alba - Morgan Stanley George Gianarikas - Canaccord Genuity Corinne Blanchard - Deutsche Bank Bill P ...

Safe Harbor 3 Highlights Stage II Midstream • Tenth consecutive quarter of over 10,000 metric tons of REO production • Announced "Upstream 60K" strategy targeting ~50% expansion of REO output within four years with modest investment • Production ramp to continue in Q4 and into 2024 • Customer deliveries beginning in Q1 Stage III Downstream • Team moving into new magnetics headquarters • Installation of production equipment ongoing • Assessing high return on capital capacity expansion 4 Operations and Financ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39277 MP MATERIALS CORP. (Exact name of registrant as specified in its charter) (St ...

Q2 2023 Results August 3, 2023 This presentation contains certain statements that are not historical facts and are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "will," "target," or similar expressions that predict or indicate future events or t ...

Financial Data and Key Metrics Changes - Revenue for Q2 2023 was $64 million, a decline of 55% year-over-year, primarily due to lower realized pricing and a small amount of rare earth fluoride sales in the previous year's second quarter [47] - Adjusted EBITDA decreased to $27 million, reflecting a similar decline as revenue [47] - Adjusted diluted EPS fell to $0.09, driven by lower adjusted EBITDA [23] Business Line Data and Key Metrics Changes - Stage 1 production achieved 10,863 tons of REO in concentrate, a 5% increase compared to last year, with improved uptime and feed rate contributing to this growth [19] - Sold volume reached 10,271 metric tons, reflecting a 3% growth despite increased production being sent through Stage 2 circuits [45] - Production costs increased by 11% year-over-year, influenced by headcount growth and slight increases in materials and supplies costs [46] Market Data and Key Metrics Changes - Realized pricing for NdPr fell 55% year-over-year, with current pricing in the low to mid-$60 per kilogram range [20] - The company expects a low-teens percentage decline in sequential realized prices in Q3 [20] - The electric vehicle and e-mobility sectors are projected to grow at least 20% to 30% per year for the foreseeable future [31] Company Strategy and Development Direction - The company is focused on ramping up production and transitioning to Stage 2 production, with plans to begin shipping separated NdPr oxide to customers [17][54] - The Fort Worth facility is being developed as a hub for magnetics, with ongoing installations of key equipment [43] - The company aims to maintain a competitive position in the market while adapting to changing demand and pricing conditions [124] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the current pricing environment but expressed confidence in the long-term prospects for the industry [59] - The company views the recent soft pricing as largely transitory, with expectations for stabilization in the near future [73] - Management emphasized the importance of maintaining operational reliability and efficiency as production ramps up [55] Other Important Information - The company has a significant cash balance, generating over $10 million per quarter in interest income from short-term treasury securities [23] - The effective tax rate for the full year is expected to be in the mid-20s, slightly increased due to lower pre-tax income [24] Q&A Session Summary Question: Can you talk about the supply from Myanmar and its impact? - Management indicated that the supply from Myanmar has created a one-time impact of excess supply, but they believe this situation is transitory [37] Question: How are you measuring against the timetable for Stage II ramp-up? - Management stated that the ramp-up process is non-linear, with ongoing challenges, but they remain confident in meeting their targets [67] Question: What is the expected cash flow generation for the quarter? - Management explained that a significant cash tax payment impacted cash flow, but they would have exceeded consensus expectations without it [68] Question: What are the production costs per kilogram for NdPr going forward? - Management noted that it is early to provide specific cost figures, but they remain confident in maintaining a competitive cost structure [71][72] Question: How closely will pricing align with market prices for Stage II products? - Management indicated that while they aim to align with market prices, there may be some discounts due to partnership arrangements and customer relationships [141]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39277 MP MATERIALS CORP. (Exact name of registrant as specified in its charter) (State o ...

MP Materials Corp. (NYSE:MP) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Martin Sheehan - Head, IR Jim Litinsky - Founder, Chairman and CEO Ryan Corbett - CFO Michael Rosenthal - Founder and COO Conference Call Participants Corinne Blanchard - Deutsche Bank Carlos De Alba - Morgan Stanley Will Jellison - D.A. Davidson George Gianarikas - Canaccord Genuity David Deckelbaum - Cowen Lawson Winder - Bank of America Operator Good afternoon. Thank you for attending today's MP Mate ...