MP Materials Corp (NYSE:MP)
$ 23.11 2.3 (11.05%) Market Cap: 3.77 Bil Enterprise Value: 3.47 Bil PE Ratio: 0 PB Ratio: 3.54 GF Score: 52/100

MP Materials Corp at Robert W Baird Global Industrial Conference Transcript

Nov 07, 2023 / 04:40PM GMT
Release Date Price: $16.33 (+4.68%)
Ryan S. Corbett
MP Materials Corp. - CFO

All righty. Thanks for having us here. Good morning. Obviously, you guys are used to these safe harbor. We may make certain forward-looking statements and use non-GAAP financial measures. Please take a look at our SEC filings for more information on that.

So I'll give a quick background on MP for those of you that are newer to the story. MP is North America's only scaled producer of rare earth materials. We own and operate Mountain Pass mine and processing facility in California. We are the second largest producer of rare earth materials globally.

We are a founder-led business with an owner-operator culture, and we've been focused on restoring the rare earth supply chain to the Western world. I mean we've done that in a 3-stage strategy. Starting with production of mixture of concentrate, which is what we call Stage 1 of our business. We've recently transitioned into Stage 2 of our business, which is refining that rare earth concentrate into separated rare earth oxides. Those rare earth oxides are the fundamental building blocks of magnetics,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investorsā€™ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot