MP Materials Corp is a leading firm in the rare earth materials industry, primarily focused on the production and processing of rare earth elements essential for various advanced technologies
The company operates a significant mining and manufacturing complex, where it extracts and refines these critical materials, which are vital for applications in electric vehicles, renewable energy systems, defense technologies, and many electronics. By harnessing these resources domestically, MP Materials aims to support the growing demand for rare earths while promoting a more sustainable supply chain in the United States.
The Las Vegas, Nevada-headquartered company produced 11,478 metric tons of rare earth oxides during the quarter despite disruptions caused due to maintenance shutdowns.
MP Materials has beaten revenue and earnings expectations in two of the previous four quarters. It owns and operates the Mountain Pass mine in California, the only operational rare earth mine and processing facility in the U.S.
MP Materials Corp. (NYSEMP) (“MP Materials” or the “Company”), today announced its financial results for the fourth quarter and full year ended December 31, 2024.
MP Materials Corp. (NYSEMP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Canaccord Genuity Sustainability Virtual Summit on Wednesday, February 26, 2025, at 2:20 p.m. Eastern Time.
MP Materials Corp. (NYSEMP) will release its financial results for the fourth quarter ended December 31, 2024, after the U.S. markets close on Thursday, February 20, 2025.
The China ban on rare earth minerals is causing the United States to bolster their supply chain. These stocks can benefit and help their prices as well.
MP Materials (NYSEMP) 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 components for the first time in decades.
China flexed its dominance by banning certain rare earth elements for export to the United States, but some companies may actually benefit from the decision.
MP Materials Corp. (NYSEMP) (“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 approximately $106.6 million aggregate principal amount of the Company’s 3.00% convertible senior notes due 2030 (the “2030 Convertible Notes”). The newly issued 2030 Convertible Notes will be part of the same series as the Company’s existing 2030 Convertible Notes. The exchanges are expected to settle on or about December 16, 2024, subject to customary closing conditions.
MP Materials Corp. (NYSEMP) 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.
MP Materials stock is rising as it makes progress in providing a supply of rare earth materials to U.S. customers that's safe from Chinese export controls.
MP Materials Corp. (NYSEMP) shares are trading higher Tuesday potentially tied to China's announcement of a ban on exports of key minerals, including gallium, germanium and antimony, to the United States. Here's what you need to know.
