The mining and materials production firm says recycling will be a component of its planned $1.25 billion facility.
MP Materials said it selected a 120‑acre site in Northlake, Texas, to develop its planned "10X" rare earth magnet manufacturing campus.
The current quarter highlighted accelerated production growth, with NdPr oxide output doubling and REO production exceeding 50,000 metric tons—up from Q3’s 721 metric tons of NdPr oxide and 13,254 ...
CEO James Litinsky described the third quarter as "a game changer, a total acceleration of MP as a vertically integrated national champion with a transformed economic platform for long-term leadership ...
MP Materials reports 48% Y/Y revenue growth to $61M, driven by increased NdPr oxide sales. Record production of 11,478 metric tons of rare earth oxides in Q4, despite maintenance shutdown. See the 6X ...
MP Materials shares are rising after its financial results gave investors hope that the rare earth miner is moving toward profitability. MP Materials announced two transformative deals last month with ...
Commercial NdPr Metal Production Begins at Independence, MP’s Fully Integrated Rare Earth Magnet Manufacturing Facility in Texas for the First Time in a Generation FORT WORTH, Texas--(BUSINESS ...
MP Materials MP is demonstrating strong growth in rare earth production, with back-to-back solid quarterly performances so far this year. Production of neodymium and praseodymium (NdPr) reached 721 ...
MP Materials Corp. (NYSE:MP) shares are trading higher premarket on Friday after the company reported fourth-quarter revenue growth of 48% year-over-year (Y/Y) to $61.0 million, beating the consensus ...