---
schema_version: "secwatch.filing_event.v1"
accession: "0001801368-25-000052"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:55:50.791270+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MP Materials Q3 net loss widens to $41.8M; record NdPr production up 51% YoY

## Summary
- Record NdPr oxide production of 721 MT (+51% YoY); second best total REO output of 13,254 MT.
- Revenue of $53.6M, down 15% YoY; net loss of $41.8M ($0.24 diluted loss per share).
- Magnetics segment revenue $21.9M with $9.5M Adjusted EBITDA; first commercial magnet output from Independence targeted by year-end.
- Heavy rare earth separation facility at Mountain Pass commissioning mid-2026; Dy/Tb nameplate 200 MT/year.
- DoW Price Protection Agreement started Oct 1; management expects return to profitability in Q4 2025.

## SEC filing metadata
- accession: 0001801368-25-000052
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000180136825000052/0001801368-25-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000180136825000052/mp-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801368-25-000052
- JSON: https://secwatch.observer/filing/0001801368-25-000052.json
- Plain text: https://secwatch.observer/filing/0001801368-25-000052.txt

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