Mp Materials Corporation Stock Price, News & Analysis

MP Materials Corp. (NYSE: MP) is set to participate in two key conferences. Chairman and CEO James Litinsky will present at BMO’s 31st Global Metals and Mining Conference on Tuesday, March 1, 2022, at 1:30 p.m. ET. CFO Ryan Corbett will take part in a fireside chat at the Cowen Mobility Disrupt Conference on Thursday, March 3, 2022, at 1:10 p.m. ET. Live webcasts and replays will be available on their investor website. MP Materials is the largest producer of rare earth materials in the Western Hemisphere, crucial for high-tech applications like electric vehicles and defense systems.

MP Materials Corp. (NYSE: MP) will release its Q4 and full-year financial results for 2021 on February 24, 2022, after U.S. market close. A conference call will be held at 2:00 PM PST (5:00 PM EST) to discuss these results. MP Materials, based in California, is the largest producer of rare earth materials in the Western Hemisphere, vital for advanced technologies including electric vehicles and drones. The company is focused on increasing domestic manufacturing capabilities for rare earth elements essential for modern technology.

MP Materials Corp. (NYSE: MP) announced that Chairman and CEO James Litinsky will participate in a virtual fireside chat at Baird’s Vehicle Technology and Mobility Conference on January 25, 2022, at 4:40 p.m. Eastern Time. Investors can access a live webcast and replay via their investor relations website. MP Materials, based in California, is the largest producer of rare earth materials in the Western Hemisphere, essential for various advanced technologies including electric vehicles and wind turbines.

MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, will participate in a virtual panel at Morgan Stanley’s 8th Annual Auto 2.0 Conference on January 5, 2022, at 10:30 a.m. Eastern Time. A live webcast will be available on their investor relations site. The company operates the Mountain Pass Rare Earth Mine, the only large-scale rare earth site in North America, producing about 15% of the global rare earth content, crucial for advanced technologies like electric vehicles and drones.

MP Materials Corp. (NYSE: MP) is set to establish its first rare earth magnet manufacturing facility in Fort Worth, Texas, sourcing materials from Mountain Pass, California. This facility will produce NdFeB alloy and magnets, with a capacity to power around 500,000 electric vehicle (EV) motors annually. A long-term agreement with General Motors (NYSE: GM) will supply U.S.-sourced materials for GM's Ultium Platform vehicles. Production is expected to commence gradually in 2023, creating over 100 skilled jobs and enhancing the domestic rare earth supply chain.

MP Materials Corp. (NYSE: MP) reported record financial results for Q3 2021, showcasing a 143% year-over-year revenue increase to $99.8 million and a 192% rise in net income to $42.8 million. Adjusted EBITDA surged 488% to $68.3 million driven by higher demand for rare earth materials, with production volumes up 18% and sales volumes rising 36%.

Strong operational efficiencies and pricing contributed to significant profitability growth, indicating continued successful execution of the company's strategic goals to restore the rare earth supply chain in the U.S.

MP Materials Corp. (NYSE: MP), the leading producer of rare earth materials in the Western Hemisphere, announced participation in a fireside chat at the 45th Annual Gabelli Automotive Symposium in Las Vegas, Nevada, on November 1, 2021, at 12:30 p.m. PT. The event underscores MP Materials' role in the rare earth market, responsible for approximately 15% of the global content in 2020. The company operates the Mountain Pass Rare Earth Mine, the only significant site of its kind in North America, promoting sustainability and restoring American leadership in this critical industry.

MP Materials (NYSE: MP), the leading producer of rare earth materials in the Western Hemisphere, will announce its third-quarter financial results for the period ending September 30, 2021, on November 4, 2021, after U.S. market close. Management will host a conference call at 2:00 PM PT to discuss these results. Investors can find additional details and access the presentation on the Company's investor relations website.

MP Materials Corp. announced a registered secondary public offering on September 13, 2021, pricing 4,250,000 shares at $35.00 per share, an increase from 4,000,000 shares. The offering is conducted by existing stockholders, not directly benefiting MP Materials, which will not receive proceeds. The underwriters hold a 30-day option to acquire an additional 637,500 shares. This transaction is expected to close on September 16, 2021. Morgan Stanley leads the offering, and investors are encouraged to review the prospectus for detailed information.