secwatch.observer — SEC 8-K summary
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Issuer:     MP Materials Corp. / DE (MP)
CIK:        0001801368
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001801368-22-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MP Materials Q3 revenue up 25% to $124.4M; EPS $0.33; begins Stage II commissioning
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- Net income $63.2M (+48% YoY); diluted EPS $0.33 vs $0.23; adjusted EPS $0.36 vs $0.26.
- Adjusted EBITDA $91.4M (+34% YoY); revenue $124.4M, driven by 51% higher realized price of $11,636/REO MT.
- REO sales volume 10,676 MT (-17% YoY); production volume 10,886 MT (-9% YoY).
- Production cost per REO MT $1,653 (+14% YoY); Stage II concentrate drying/roasting circuits in commissioning.
- Stage III magnetics facility building shell completed in seven months; strong operational hiring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801368/000180136822000034/0001801368-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801368/000180136822000034/mp-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001801368-22-000034

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