---
schema_version: "secwatch.filing_event.v1"
accession: "0001801368-24-000062"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:56:06.332205+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# MP Materials Q2 net loss $34M; revenue down 51% YoY; NdPr production doubles QoQ to 272 MT

## Summary
- Revenue $31.3M (-51% YoY); net loss $34.1M vs $7.4M income; adj. EBITDA -$27.1M.
- REO production 9,084 MT (-16% YoY); realized price $4,183/MT (-33%).
- NdPr output 272 MT (2x QoQ); sales 136 MT at $48/kg; expect 50% Q3 sequential growth.
- Signed NdPr deal with global automaker; awarded DoD contract; received $50M customer prepayment.

## SEC filing metadata
- accession: 0001801368-24-000062
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000180136824000062/0001801368-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000180136824000062/mp-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801368-24-000062
- JSON: https://secwatch.observer/filing/0001801368-24-000062.json
- Plain text: https://secwatch.observer/filing/0001801368-24-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.