{"schema_version":"secwatch.filing_event.v1","accession":"0001801368-23-000034","form_type":"8-K","ticker":"MP","cik":"0001801368","company_name":"MP Materials Corp. / DE","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.520728+00:00","generated_at":"2026-06-09T00:48:11.664416+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MP Materials Q3 2023: Revenue $52.5M (-58% YoY), net loss $4.3M, begins NdPr production","bullets":["Revenue $52.5M (58% YoY drop); net loss $4.3M vs net income $63.2M a year ago.","Adjusted EBITDA $15.6M (down 83% YoY); adjusted diluted EPS $0.04 (down 89%).","REO sales volume 9,177 MT (-14% YoY); realized price $5,718/MT (down 51%).","Produced first separated NdPr oxide (50 MT in Q3) on U.S. soil; trial NdPr metal production begun.","Announced 'Upstream 60K' plan to expand REO output ~50% (to ~60K MT/yr) within 4 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001801368-23-000034","json":"https://secwatch.observer/filing/0001801368-23-000034.json","markdown":"https://secwatch.observer/filing/0001801368-23-000034.md","text":"https://secwatch.observer/filing/0001801368-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801368/000180136823000034/0001801368-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801368/000180136823000034/mp-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:48:11.664416+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f5c72998f8e9cb0a521c3890f84b90c637e708e4","claim":"MP Materials Corp. / DE reported three and nine months ended September 30, 2023 results: revenue $52.5M, net income net loss of $4.3M, EPS Diluted loss per share of $0.02 and Adjusted Diluted EPS of $0.04.","evidence_excerpt":"“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 $15.6M Diluted loss per share of $0.02 and Adjusted Diluted EPS of $0.04 LAS VEGAS, November 2, 2023 – MP Materials Corp. (NYSE: MP)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801368/000180136823000034/0001801368-23-000034-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"label":"Revenue","value":"$52.5M"},{"label":"Net income","value":"net loss of $4.3M"},{"label":"EPS","value":"Diluted loss per share of $0.02 and Adjusted Diluted EPS of $0.04"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}