secwatch.observer — SEC 8-K summary
======================================

Issuer:     MP Materials Corp. / DE (MP)
CIK:        0001801368
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001801368-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MP Materials Q1 revenue $166.3M (+177% YoY); net income $85.6M (+431%)
----------------------------------------------------------------------

- Record quarterly revenue $166.3M, net income $85.6M, and adjusted EBITDA $132.3M.
- Diluted EPS $0.45 (+400% YoY); adjusted diluted EPS $0.50 (+285%).
- REO sales volume 11,706 MT (+20% YoY); realized price $13,818/MT (+135%).
- REO production volume 10,828 MT (+10% YoY); production cost $1,594/MT (+8%).
- CEO cites progress on Stage II at Mountain Pass and Stage III magnetics facility in Texas.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801368/000180136822000015/0001801368-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801368/000180136822000015/mp-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001801368-22-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer