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Here's Why USA Rare Earth Stock Is Tumbling Lower Today
Yahoo Finance· 2025-09-26 19:18
Key Points USA Rare Earth is focused on the production of rare earth magnets. American Resources announced an expansion of its critical mineral refining facility. Investors in USA Rare Earth shouldn't fret about the expansion of operations for American Resources. 10 stocks we like better than USA Rare Earth › Markets may be nudging slightly higher today, offering investors the hope of ending the week on a positive note, but the same can't be said for rare earth stock USA Rare Earth (NASDAQ: USAR) ...
Government-backed MP Materials surges as loss narrows on record rare earth oxide production
CNBC· 2025-08-08 13:09
Core Insights - MP Materials' stock experienced a significant increase following a reduction in losses in Q2, driven by record production of neodymium-praseodymium oxide, indicating a potential path to profitability after substantial investment from the Defense Department [1][2]. Financial Performance - The company reported an adjusted loss of $21.37 million, or 13 cents per share, which is a 24% decrease from the $28 million loss, or 17 cents per share, in the same quarter last year [2]. - Sales surged by 84% to $57.4 million compared to $31.3 million in Q2 of 2024 [2]. Production Highlights - MP Materials achieved a record production of 597 metric tons of neodymium-praseodymium oxide in Q2, marking a 119% increase year-over-year [3]. Strategic Developments - The Defense Department has committed to purchasing $400 million of the company's preferred stock, making it the largest shareholder, and has set a price floor for neodymium-praseodymium while agreeing to buy 100% of the output from a new magnet facility [4]. - Additionally, Apple is set to invest $500 million in MP Materials through the purchase of rare earth magnets and will assist in launching a rare earth recycling facility [4].