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

Issuer:     MP Materials Corp. / DE (MP)
CIK:        0001801368
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001801368-24-000085
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MP Materials Q3 revenue $62.9M (+20% YoY), net loss widens to $25.5M, record NdPr production
--------------------------------------------------------------------------------

- Revenue $62.9M (+20% YoY); net loss $25.5M vs $4.3M loss last year.
- Record REO production 13,742 MT (+28% YoY); record NdPr production 478 MT (+76% sequential).
- NdPr sales volume 404 MT (nearly tripled sequentially) at realized price $47/kg.
- Adjusted EBITDA -$11.2M vs +$15.6M last year; diluted EPS -$0.16 vs -$0.02.
- Fort Worth metal facility in commissioning; deliveries expected by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801368/000180136824000085/0001801368-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801368/000180136824000085/mp-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001801368-24-000085

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