MP Materials(MP) - 2023 Q4 - Annual Results

Exhibit 99.1 MP Materials Reports Fourth Quarter and Full Year 2023 Results Exceeded 40,000 metric tons of REO production for the third consecutive year Commenced production of separated rare earth products Produced 200 metric tons of NdPr oxide in 2023 Generated $253.4 million of revenue in 2023 Produced $24.3 million of net income and Adjusted EBITDA of $102.5 million in 2023 LAS VEGAS – February 22, 2024 – MP Materials Corp. (NYSE: MP) ("MP Materials" or the "Company"), today announced its financial resu ...