---
schema_version: "secwatch.filing_event.v1"
accession: "0001801368-25-000005"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T09:20:57.236579+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MP Materials Q4 revenue up 48% to $61M; net loss widens to $22.3M; begins commercial NdPr metal

## Summary
- Record REO concentrate production 45,455 metric tons in 2024, up from prior year.
- Q4 revenue $61.0M (+48% YoY); net loss $22.3M vs $16.3M loss in Q4 2023.
- Commenced commercial NdPr metal production and trial automotive-grade magnet production at Independence.
- Received $50M customer prepayment in Q4, total $100M for magnetic precursor production.
- Repurchased 8.6% of shares ($225.1M at avg $14.76); extended debt maturities to 2030.

## SEC filing metadata
- accession: 0001801368-25-000005
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000180136825000005/0001801368-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000180136825000005/mp-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801368-25-000005
- JSON: https://secwatch.observer/filing/0001801368-25-000005.json
- Plain text: https://secwatch.observer/filing/0001801368-25-000005.txt

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