secwatch / observer

MP Materials Corp. / DE — fact timeline

Source-grounded facts extracted from MP Materials Corp. / DE's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

MP MP Materials Corp. / DE JSON
Shareholder Votes

MP Materials Corp. / DE shareholders approved Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-09 meeting.

“Proposal Three. Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. The final vote tabulation was as follows: Votes FOR Votes AGAINST Abstentions Broker Non-Votes 129,305,494 858,587 278,448 —”
Shareholder Votes

MP Materials Corp. / DE shareholders approved Advisory vote to approve the compensation of the Company's named executive officers. at the 2026-06-09 meeting.

“Proposal Two. Advisory vote to approve the compensation of the Company's named executive officers. The final vote tabulation was as follows: Votes FOR Votes AGAINST Abstentions Broker Non-Votes 70,496,592 20,735,952 371,007 38,838,978”
Shareholder Votes

MP Materials Corp. / DE shareholders approved Election of two Class III directors to serve until the 2029 Annual Meeting of Stockholders. at the 2026-06-09 meeting.

“Item 5.07 Submission of Matters to a Vote of Security Holders. On June 9, 2026, MP Materials Corp., a Delaware corporation (the "Company"), held its Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the stockholders of the Company: (i) elected two Class III directors to serve until the 2029 Annual Meeting of Stockholders; (ii) approved, on an advisory basis, the compensation paid to the Company's named executive officers; and (iii) ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. Proposal One. Election of two Class III directors to serve until the 2029 Annual Meeting of Stockholders. The final vote tabulation for each of the individual directors was as follows: Director Votes FOR Votes WITHHELD Broker Non-Votes Arnold W. Donald 78,024,548 13,579,003 38,838,978 Randall J. Weisenburger 74,725,578 16,877,973 38,838,978”
Earnings Releases

MP Materials Corp. / DE reported the three months ended March 31, 2026 results: revenue $90,649, net income $(7,968), EPS $(0.04).

“Highlights For the three months ended March 31, 2026 vs. 2025 (in thousands, except per share data, unaudited) 2026 2025 Amount Change % Change Financial Measures: Revenue $ 90,649 $ 60,810 $ 29,839 49 % Price protection agreement income $ 42,273 $ — $ 42,273 N/M Net loss $ (7,968) $ (22,648) $ 14,680 65 % Adjusted EBITDA 2 $ 36,610 $ (2,696) $ 39,306 N/M”
Debt Financings

MP Materials Corp. / DE incurred revolving credit of $275.0 million with JPMorgan Chase Bank, N.A., as administrative agent at SOFR plus, as applicable, a margin ranging from 1.75% to 2.50% per annum maturing mature on the fifth anniversary of the Effective Date.

“The Credit Agreement provides for a 5-year, $275.0 million revolving credit facility for general corporate purposes (the “Revolving Credit Facility”) with a $200.0 million letter of credit facility sublimit.”
Debt Financings

MP Materials Corp. / DE incurred loan of $150,000,000 with Department of Defense at 10-year treasury bond yield plus 1.0% maturing 12 years.

“the Department of Defense agreed to extend the Samarium Project Loan to the Company and the Company agreed to accept such loan no later than 30 days after the Effective Date (subject to extension if mutually agreed between the Department of Defense and the Company). The Samarium Project Loan will be in the aggregate principal amount of $150,000,000, pursuant to an unsecured Promissory Note to be entered into by the Company with the Department of Defense. The applicable interest rate upon incurrence will be based on the 10-year treasury bond yield plus 1.0%, payable on the first calendar day of each quarter. The Company may repay the Samarium Project Loan at any time, and the term of the Promissory Note is 12 years.”
Governance Changes

MP Materials Corp. / DE: Filing of Certificate of Designations establishing Series A Preferred Stock, effective upon filing with Delaware Secretary of State.

“On the Closing Date, the Company will file the Certificate of Designations with the Secretary of State of the State of Delaware to establish and fix the terms of the Series A Preferred Stock. The Certificate of Designations will become effective upon filing.”

David G. Infuso was appointed as Chief Accounting Officer at MP Materials Corp. / DE.

“On April 4, 2025, David G. Infuso was appointed as the Chief Accounting Officer and the principal accounting officer of MP Materials Corp. (the “Company”).”
Earnings Releases

MP Materials Corp. / DE reported three months ended March 31, 2024 results: revenue $48,684, net income $16,489, EPS $(0.08).

“Highlights For the three months ended March 31, 2024 vs. 2023 (unaudited) 2024 2023 Amount Change % Change Financial Measures: (in thousands, except per share data) Revenue (1) $ 48,684 $ 95,700 $ (47,016) (49) % Net income $ 16,489 $ 37,447 $ (20,958) (56) % Adjusted EBITDA (2) $ (1,233) $ 58,700 $ (59,933) N/M Adjusted Net Income (Loss) (2) $ (7,492) $ 51,327 $”
Debt Financings

MP Materials Corp. / DE incurred convertible notes of $747.5 million aggregate principal amount of Notes at 3.00% maturing due 2030.

“On March 6, 2024, the initial purchasers elected to exercise the option in full and a total of $747.5 million aggregate principal amount of Notes were issued on March 7, 2024.”
Debt Financings

MP Materials Corp. / DE incurred convertible notes of $97.5 million aggregate principal amount at 3.00% maturing due 2030.

“The Company granted the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the date the Company first issued the Base Notes, up to an additional $97.5 million aggregate principal amount of notes, on the same terms and conditions (the “Additional Notes” and, together with the Base Notes, the “Notes”).”
Debt Financings

MP Materials Corp. / DE incurred convertible notes of $650.0 million aggregate principal amount at 3.00% maturing due 2030.

“On March 7, 2024, MP Materials Corp. (the “Company”) completed its previously disclosed private Rule 144A offering of $650.0 million aggregate principal amount of its 3.00% Convertible Senior Notes due 2030 (the “Base Notes”) at an issue price of 100%.”
Material Agreements

MP Materials Corp. / DE entered into Capped Call Transactions with certain financial institutions (collectively, the 'Counterparties') valued at approximately $65.3 million (effective 2024-03-04).

“On March 6, 2024, in connection with the Initial Purchasers’ exercise of their option to purchase the Additional Notes, the Company entered into privately negotiated additional capped call transactions (the “Additional Capped Call Transactions,” and together with the Base Capped Call Transactions, the “Capped Call Transactions”) with the Counterparties.”
Material Agreements

MP Materials Corp. / DE entered into Indenture with U.S. Bank Trust Company, National Association (effective 2024-03-07).

“The Company issued the Notes under an indenture, dated as of March 7, 2024 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Earnings Releases

MP Materials Corp. / DE reported the year ended December 31, 2023 results: revenue $253.4 million, net income $24.3 million.

“Full Year 2023 Highlights • Produced 41,557 metric tons of rare earth oxides (“REO”) in concentrate • Produced 200 metric tons of NdPr oxide • Sold 36,837 metric tons of REO, generating revenue of $253.4 million • Produced net income of $24.3 million and Adjusted EBITDA of $102.5 million”
Earnings Releases

MP Materials Corp. / DE reported the three months ended December 31, 2023 results: revenue $41,205, net income $(16,259), EPS $(0.09).

“Revenue (1) $ 41,205 $ 93,245 $ (52,040) (56) % Net income (loss) $ (16,259) $ 67,007 $ (83,266) N/M Adjusted EBITDA (2) $ 1,300 $ 55,050 $ (53,750) (98) % Adjusted Net Income (Loss) (2) $ (3,998) $ 78,786 $ (82,784) N/M Diluted EPS $ (0.09) $ 0.36 $ (0.45) N/M”
Material Agreements

MP Materials Corp. / DE entered into Offtake Agreement with Shenghe Resources (Singapore) International Trading PTE. LTD. (effective 2024-01-16).

“On January 16, 2024, MP Mine Operations LLC (“MPMO”), a Delaware limited liability company, MP International Sales LLC (“MPIS”), a Delaware limited liability company, and each a wholly-owned subsidiary of MP Materials Corp. (“MPMC” and together with MPMO and MPIS, collectively referred to as the “Company”) entered into an Offtake Agreement, dated as of January 16, 2024 (“Offtake Agreement”) with Shenghe Resources (Singapore) International Trading PTE. LTD., a private limited company organized under the laws of Singapore (“Shenghe”).”
Earnings Releases

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.

““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)”
Earnings Releases

MP Materials Corp. / DE reported the three months ended June 30, 2023 results: revenue $64,024, net income $7,395, EPS $0.04.

“Highlights For the three months ended June 30, 2023 vs. 2022 (unaudited) 2023 2022 Amount Change % Change Financial Measures: (in thousands, except per share data) Revenue (1) $ 64,024 $ 143,562 $ (79,538) (55) % Net income $ 7,395 $ 73,269 $ (65,874) (90) % Adjusted EBITDA (2) $ 26,951 $ 109,952 $ (83,001) (75) % Adjusted Net Income (2)(3) $ 17,023 $ 79,609 $”
Shareholder Votes

MP Materials Corp. / DE shareholders approved Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-13 meeting.

“Proposal Three. Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The final vote tabulation was as follows: Votes FOR Votes AGAINST Abstentions Broker Non-Votes 136,129,824 1,023,939 269,434 —”
Shareholder Votes

MP Materials Corp. / DE shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers at the 2023-06-13 meeting.

“Proposal Two. Advisory vote to approve the compensation of the Company’s named executive officers. The final vote tabulation was as follows: Votes FOR Votes AGAINST Abstentions Broker Non-Votes 109,887,217 2,523,705 293,313 24,718,962”
Shareholder Votes

MP Materials Corp. / DE shareholders approved Election of two Class III directors to serve until the 2026 Annual Meeting of Stockholders at the 2023-06-13 meeting.

“Proposal One. Election of two Class III directors to serve until the 2026 Annual Meeting of Stockholders. The final vote tabulation for each of the individual directors was as follows: Director Votes FOR Votes WITHHELD Broker Non-Votes Arnold W. Donald 111,432,128 1,272,107 24,718,962 Randall J. Weisenburger 94,038,536 18,665,699 24,718,962”

Daniel Gold resigned as Director at MP Materials Corp. / DE.

“On May 5, 2023, Daniel Gold submitted his resignation as a member of the Board of Directors of MP Materials Corp. (the “Company”) effective as of May 5, 2023.”
Earnings Releases

MP Materials Corp. / DE reported the three months ended March 31, 2023 results: revenue $95.7M, net income $37.4M, EPS $0.20.

“MP Materials Reports First Quarter 2023 Results REO Sales and Production Volumes of 10,215 and 10,671 Metric Tons, Respectively Revenue of $95.7M and Net Income of $37.4M Adjusted EBITDA of $58.7M Diluted EPS of $0.20 and Adjusted Diluted EPS of $0.27”

Arnold W. Donald was elected as Director at MP Materials Corp. / DE.

“On March 8, 2023, the Board of Directors (the “Board”) of MP Materials Corp. (the “Company”) increased the size of the Board from seven directors to eight directors and subsequently elected Arnold W. Donald to fill the vacancy.”
Earnings Releases

MP Materials Corp. / DE reported Full Year 2022 results: revenue $527.5 million, net income $289.0 million.

“Generated $527.5 million of revenue in 2022, an increase of 59% Increased annual net income 114% to $289.0 million and Adjusted EBITDA 77% to $388.6 million”
Earnings Releases

MP Materials Corp. / DE reported Fourth Quarter 2022 results: revenue $93,245, net income $67,007, EPS $0.36.

“Fourth Quarter 2022 Financial and Operating Highlights For the three months ended December 31, 2022 vs. 2021 (unaudited) 2022 2021 Amount Change % Change Financial Measures: (in thousands) Revenue (1) $ 93,245 $ 99,109 $ (5,864) (6) % Net income $ 67,007 $ 48,989 $ 18,018 37 % Adjusted EBITDA (2) $ 55,050 $ 71,343 $ (16,293) (23) % Adjusted Net Income (2) $ 78,786 $ 56,602 $ 22,184 39 % Diluted EPS $ 0.36 $ 0.26 $ 0.10 38 %”
Earnings Releases

MP Materials Corp. / DE reported three months ended September 30, 2022 results: revenue $124.4M, net income $63.2M, EPS $0.33.

“MP Materials Reports Third Quarter 2022 Results and Begins Stage II Commissioning REO Sales and Production Volumes of 10,676 and 10,886 Metric Tons, Respectively Revenue Up 25% Year-over-Year to $124.4M Net Income Increased 48% Year-over-Year to $63.2M Adjusted EBITDA Increased 34% Year-over-Year to $91.4M Diluted EPS Grew 43% Year-over-Year to $0.33 Adjusted Diluted EPS Grew 38% Year-over-Year to $0.36”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.