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LATEST NEWS FROM MP Materials

November 2, 2023
MP Materials Reports Third Quarter 2023 Results
Commenced shipments and ramping production of NdPr oxide Announces “Upstream 60K” strategy targeting ~50% expansion of REO output at Mountain Pass Stage I REO sales and production volumes of 9,177 and 10,766 metric tons, respectively Revenue of $52.5M and net loss of $4.3M Adjusted EBITDA of... Read More
October 23, 2023
MP Materials to Participate in Upcoming Conferences
LAS VEGAS / Oct 23, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The Gabelli Funds 47th Annual Automotive Symposium on Tuesday, October 31, 2023, at 11:30 a.m. Eastern Time. The Baird... Read More
October 12, 2023
MP Materials Announces Date for Third Quarter Financial Results and Webcast
LAS VEGAS / Oct 12, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) will release its financial results for the third quarter ended September 30, 2023, after the U.S. markets close on Thursday, November 2, 2023. MP Materials’ management will host a conference call and webcast that afternoon at... Read More
September 14, 2023
MP Materials to Participate in the D.A. Davidson Diversified Industrials and Services Conference
LAS VEGAS / Sep 14, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the D.A. Davidson Diversified Industrials and Services Conference on Thursday, September 21, 2023, at 9:00 a.m. Eastern... Read More
August 31, 2023
MP Materials to Participate in Upcoming Conferences
LAS VEGAS / Aug 31, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The Jefferies Industrials Conference on Thursday, September 7, 2023, at 10:30 a.m. Eastern Time. Morgan Stanley’s 11... Read More
August 3, 2023
MP Materials Reports Second Quarter 2023 Results; Commenced Production of Separated Rare Earth Products
Commenced production of separated rare earth products Initial NdPr oxide shipments expected in Q3 Stage I REO sales and production volumes of 10,271 and 10,863 metric tons, respectively Revenue of $64.0M and net income of $7.4M Adjusted EBITDA of $27.0M Diluted EPS of $0.04 and Adjusted Diluted... Read More
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July 26, 2023
Northland Capital Markets Institutional Investor Conference
MINNEAPOLIS, MN / ACCESSWIRE / July 26, 2023 / We are pleased to be hosting the Northland Capital Markets Institutional Investor Conference 2023 on Tuesday September 19, 2023, at the Minneapolis Marriott... Read More
May 30, 2023
MP Materials to Participate in Upcoming Conferences
LAS VEGAS / May 30, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The TD Cowen Sustainability Conference on Tuesday, June 6, 2023, at 3:30 p.m. Eastern Time. Deutsche Bank’s 14 th... Read More
May 4, 2023
MP Materials Reports First Quarter 2023 Results
REO Sales and Production Volumes of 10,215 and 10,671 Metric Tons, Respectively Revenue of $95.7M and Net Income of $37.4M Adjusted EBITDA of $58.7M Diluted EPS of $0.20 and Adjusted Diluted EPS of $0.27 LAS VEGAS / May 04, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or... Read More
April 20, 2023
MP Materials Announces Date for First Quarter Financial Results and Webcast
LAS VEGAS / Apr 20, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) will release its financial results for the first quarter ended March 31, 2023, after the U.S. markets close on Thursday, May 4, 2023. MP Materials’ management will host a conference call and webcast that afternoon at 2:00... Read More
March 8, 2023
MP Materials Elects Arnold W. Donald to Board of Directors
LAS VEGAS / Mar 08, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) announced today that Arnold W. Donald has been elected to the company’s board of directors. Mr. Donald brings decades of experience in corporate leadership and a track record of value creation to MP Materials. He is the... Read More
February 23, 2023
MP Materials Reports Fourth Quarter and Full Year 2022 Results
Quarterly production and sales volumes climbed 2% and 12% year-over-year, respectively 2022 production of 42,499 metric tons represents highest annual primary rare earth production in U.S. history Generated $527.5 million of revenue in 2022, an increase of 59% Increased annual net income 114% to... Read More
February 21, 2023
MP Materials and Sumitomo Corporation Strengthen Rare Earth Supply in Japan
LAS VEGAS & TOKYO / Feb 21, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) and Sumitomo Corporation ("SC") today announced an agreement to diversify and strengthen rare earth supplies in Japan. Under the agreement, SC will serve as the exclusive distributor of NdPr oxide produced by MP... Read More
February 20, 2023
MP Materials to Participate in the BMO Global Metals, Mining and Critical Minerals Conference
LAS VEGAS / Feb 20, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the BMO Global Metals, Mining and Critical Minerals Conference on Tuesday, February 28, 2023, at 3:00 p.m. Eastern Time.... Read More
February 9, 2023
MP Materials Announces Date for Fourth Quarter and Full Year 2022 Financial Results and Webcast
LAS VEGAS / Feb 09, 2023 / Business Wire / MP Materials Corp. (NYSE: MP) will release its financial results for the fourth quarter and year ended December 31, 2022, after the U.S. markets close on Thursday, February 23, 2023. MP Materials’ management will host a conference call and webcast that... Read More
December 29, 2022
MP Materials to Participate in the Morgan Stanley 9th Annual Auto 2.0 Conference
LAS VEGAS / Dec 29, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman and Chief Executive Officer, will participate in the Morgan Stanley 9 th Annual Auto 2.0 Conference on Thursday, January 5, 2023, at 1:45 p.m. Eastern Time. A live... Read More
November 3, 2022
MP Materials Reports Third Quarter 2022 Results and Begins Stage II Commissioning
LAS VEGAS / Nov 03, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended September 30, 2022. “We reached a major milestone by beginning the commissioning of our Stage II assets starting with the... Read More
October 24, 2022
MP Materials to Participate in the Gabelli Funds 46th Annual Automotive Symposium
LAS VEGAS / Oct 24, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Gabelli Funds 46 th Annual Automotive Symposium on Monday, October 31, 2022, at 3:00 p.m. Eastern Time. A live webcast and replay will be... Read More
October 20, 2022
MP Materials Announces Date for Third Quarter 2022 Financial Results and Webcast
LAS VEGAS / Oct 20, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the third quarter ended September 30, 2022, after the U.S. markets close on Thursday, November 3, 2022. MP Materials’ management will host a conference... Read More
September 15, 2022
MP Materials to Participate in Upcoming Conference
LAS VEGAS / Sep 15, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the 21 st Annual D.A. Davidson Diversified Industrials and Services Conference on Thursday, September 22, 2022, at 10:30 a.m. Eastern Time. A... Read More
September 1, 2022
MP Materials to Participate in Upcoming Conferences
LAS VEGAS / Sep 01, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman and Chief Executive Officer, will participate in the following conferences: The Cowen 15 th Annual Global Transportation and Sustainable Mobility Conference on Thursday,... Read More
August 4, 2022
MP Materials Reports Second Quarter 2022 Results
LAS VEGAS / Aug 04, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended June 30, 2022. “The MP team delivered another quarter of solid execution and strong financial performance. We benefited from... Read More
August 1, 2022
MP Materials to Participate in Upcoming Conferences
LAS VEGAS / Aug 01, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The Jefferies Industrial Conference on Tuesday, August 9, 2022, at 9:00 a.m. Eastern Time. The 42 nd Annual Canaccord... Read More
July 22, 2022
MP Materials Set to Join S&P MidCap 400
NEW YORK , July 22, 2022 /PRNewswire/ -- MP Materials Corp. (NYSE:MP) will replace Sanderson Farms Inc. (NASD:SAFM) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, July 27 . Cargill and Continental Grain acquired Sanderson Farms in a deal that closed today. Following... Read More
July 21, 2022
MP Materials Announces Date for Second Quarter 2022 Financial Results and Webcast
LAS VEGAS / Jul 21, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the second quarter ended June 30, 2022, after the U.S. markets close on Thursday, August 4, 2022. MP Materials’ management will host a conference call... Read More
June 16, 2022
MP Materials to Participate in the J.P. Morgan 2022 Energy, Power & Renewables Conference
LAS VEGAS / Jun 16, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the J.P. Morgan 2022 Energy, Power & Renewables Conference on Thursday, June 23, 2022, at 9:40 a.m. Eastern Time. A live webcast and replay will... Read More
June 1, 2022
MP Materials to Participate in Upcoming Conferences
LAS VEGAS / Jun 01, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The BMO Rare Earth Supply Chain Conference on Tuesday, June 7, 2022, at 11:00 a.m. Eastern Time. The Deutsche Bank 13... Read More
May 5, 2022
MP Materials Reports First Quarter 2022 Results
LAS VEGAS / May 05, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended March 31, 2022. “The MP team delivered strong execution and performance in the first quarter, highlighted by record quarterly... Read More
April 22, 2022
MP Materials Announces Date for First Quarter 2022 Financial Results and Webcast
LAS VEGAS / Apr 22, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the first quarter ended March 31, 2022, after the U.S. markets close on Thursday, May 5, 2022. MP Materials’ management will host a conference call and... Read More
February 24, 2022
MP Materials Reports Fourth Quarter and Full Year 2021 Results
LAS VEGAS / Feb 24, 2022 / Business Wire / 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, 2021. Full Year 2021 Highlights Produced 42,413 metric tons of rare earth oxides (“REO”) in... Read More
February 22, 2022
MP Materials Awarded Department of Defense Heavy Rare Earth Processing Contract
LAS VEGAS / Feb 22, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced it has been awarded a $35 million contract through the U.S. Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility... Read More
February 18, 2022
MP Materials to Participate in Upcoming Conferences
LAS VEGAS / Feb 18, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that it will participate in the following conferences: Chairman and CEO James Litinsky is scheduled to deliver a presentation and participate in a Q&A session at BMO’s 31 st Global Metals and Mining Conference... Read More
February 3, 2022
MP Materials Announces Date for Fourth Quarter and Full Year 2021 Financial Results and Webcast
LAS VEGAS / Feb 03, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the fourth quarter and full year ended December 31, 2021, after the U.S. markets close on Thursday, February 24, 2022. MP Materials’ management will... Read More
January 18, 2022
MP Materials to Participate in the Baird Vehicle Technology and Mobility Conference
LAS VEGAS / Jan 18, 2022 / Business Wire / MP Materials Corp. (NYSE: MP) today announced that Chairman and CEO James Litinsky is scheduled to participate in a virtual fireside chat at Baird’s Vehicle Technology and Mobility Conference on Tuesday, January 25, 2022, at 4:40 p.m. Eastern Time. A live... Read More
December 29, 2021
MP Materials to Participate in Morgan Stanley’s 8th Annual Auto 2.0 Conference
LAS VEGAS / Dec 29, 2021 / Business Wire / MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that a member of its executive management team is scheduled to participate in a virtual panel discussion at Morgan Stanley’s 8 th Annual... Read More
December 9, 2021
MP Materials to Build U.S. Magnet Factory, Enters Long-Term Supply Agreement with General Motors
LAS VEGAS / Dec 09, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) announced today that it will build its initial rare earth (RE) metal, alloy and magnet manufacturing facility in Fort Worth, Texas. The company also announced that it has entered a binding, long-term agreement with General... Read More
November 4, 2021
MP Materials Reports Third Quarter 2021 Results; Revenue Increases 143% Year-Over-Year
LAS VEGAS, Nev. / Nov 04, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, today announced its financial results for the three months ended September 30, 2021. “The MP Materials team... Read More
October 25, 2021
MP Materials to Participate in 45th Annual Gabelli Automotive Symposium
LAS VEGAS / Oct 25, 2021 / Business Wire / MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that a member of its executive management team is scheduled to participate in a fireside chat at the 45 th Annual Gabelli Automotive... Read More
October 21, 2021
MP Materials Announces Timing of Third Quarter 2021 Financial Results and Webcast
LAS VEGAS, Nev. / Oct 21, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, will release its financial results for the third quarter ended September 30, 2021, after the U.S. markets close on... Read More
September 14, 2021
MP Materials Announces Pricing of Upsized Secondary Public Offering of Common Stock by Selling Stockholders
MOUNTAIN PASS, Calif. / Sep 14, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced that on September 13, 2021, the Company priced its registered secondary public offering of 4,250,000 shares of common stock by certain existing stockholders of... Read More
September 13, 2021
MP Materials Announces Proposed Secondary Public Offering of Common Stock by Selling Stockholders
MOUNTAIN PASS, Calif. / Sep 13, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced the commencement, subject to market and other conditions, of a proposed registered secondary public offering of 4,000,000 shares of common stock by certain... Read More
August 5, 2021
MP Materials Reports Second Quarter 2021 Results; Record Quarterly Production, Revenue and Net Income
Record Quarterly Production, Revenue and Net Income Accelerates Domestic Magnet Manufacturing Plans; Location TBA Later This Year Second Quarter 2021 Revenue Grew 141% Year-over-Year to $73.1 million Second Quarter 2021 Net Income Increased Year-over-Year to $27.2 million Second Quarter 2021... Read More
July 25, 2021
MP Materials Announces Timing of Second Quarter 2021 Financial Results and Webcast
MOUNTAIN PASS, Calif. / Jul 25, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, will release its financial results for the second quarter ended June 30, 2021, after the U.S. markets close... Read More
May 13, 2021
MP Materials to Participate in Upcoming Virtual Conferences
MOUNTAIN PASS, Calif. / May 13, 2021 / Business Wire / MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team are scheduled to participate in the following virtual conferences: A fireside... Read More
May 13, 2021
MP Materials Receives Department of Energy Award
MOUNTAIN PASS, Calif. / May 13, 2021 / Business Wire / MP Materials (NYSE: MP) today announced that it has received a $3 million award from the Department of Energy (DOE) to complete a feasibility study, in concert with the University of Kentucky (UK), on a system to produce rare earth oxides,... Read More
May 6, 2021
MP Materials Reports First Quarter 2021 Results; Revenue Increases 189% Year-Over-Year
MOUNTAIN PASS, Calif. / May 06, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, today announced its financial results for the three months ended March 31, 2021. “Our solid first quarter... Read More
May 4, 2021
MP Materials Announces Cashless Redemption of Public Warrants
MOUNTAIN PASS, Calif. / May 04, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s common stock, par value $0.0001 per share... Read More
March 23, 2021
MP Materials Announces Pricing of $600 Million Green Convertible Senior Notes Offering
MOUNTAIN PASS, Calif. / Mar 23, 2021 / Business Wire / MP Materials Corp . (NYSE: MP) (“MP Materials” or the “Company”) today announced the pricing of an offering of $600 million principal amount of its 0.25% Green Convertible Senior Notes due 2026 (the “notes”) through a private offering to... Read More
March 23, 2021
MP Materials Announces Pricing of Secondary Public Offering by Selling Stockholders
MOUNTAIN PASS, Calif. / Mar 23, 2021 / Business Wire / MP Materials Corp . (NYSE: MP) (“MP Materials” or the “Company”), today announced the pricing of its proposed registered secondary public offering of 6,000,000 shares of common stock by certain existing stockholders of the Company (the... Read More
March 22, 2021
MP Materials Announces Proposed Secondary Public Offering of Common Stock by Selling Stockholders
MOUNTAIN PASS, Calif. / Mar 22, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced the commencement, subject to market and other conditions, of a proposed registered secondary public offering of 8 million shares of common stock by certain... Read More
March 22, 2021
MP Materials Announces Proposed US$500 Million Green Convertible Senior Notes Offering
MOUNTAIN PASS, Calif. / Mar 22, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that it plans to offer, subject to market and other conditions, $500 million principal amount of its Green Convertible Senior Notes due 2026 (the “notes”) through... Read More
March 18, 2021
MP Materials Reports Fourth Quarter and Full Year 2020 Results
MOUNTAIN PASS, Calif. / Mar 18, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, today announced its financial results for the fourth quarter and full year ended December 31, 2020. MP... Read More
March 2, 2021
MP Materials to Participate in Upcoming Virtual Conferences
MOUNTAIN PASS, Calif. / Mar 02, 2021 / Business Wire / MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team are scheduled to participate in the following virtual conferences: A fireside... Read More
February 22, 2021
MP Materials to Participate in Upcoming Virtual Conferences
MOUNTAIN PASS, Calif. / Feb 22, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials”), the largest rare earth materials producer in the Western Hemisphere, today announced that members of the MP Materials executive management team are scheduled to participate in the following... Read More
February 18, 2021
MP Materials to Participate in Upcoming Virtual Conference
MOUNTAIN PASS, Calif. / Feb 18, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials”), the largest rare earth materials producer in the Western Hemisphere, today announced that members of the executive management team are scheduled to participate in one-on-one meetings and a... Read More
February 8, 2021
MP Materials Announces Timing of Q4 and Fiscal Year 2020 Financial Results Release, Conference Call and Webcast
MOUNTAIN PASS, Calif. / Feb 08, 2021 / Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, will release its financial results for the fourth quarter and fiscal year ended December 31, 2020, after the... Read More
November 23, 2020
MP Materials Announces Financial Results for the Third Quarter and Year-To-Date Ended September 30, 2020
Third Quarter 2020 Revenue Grew 52% Year-Over-Year to $41.0 Million Net Income Increased 4.2x Year-Over-Year to $14.6 Million Adjusted EBITDA Grew 159% Year-Over-Year to $11.6 million MOUNTAIN PASS, Calif - BUSINESS WIRE )-- MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the... Read More

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