MP MATERIALS CORP.
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Overview
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12 Months Earnings-71.19M
12 Months Revenue254.28M
Performance
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Profit/Loss
| PARTICULARS | TTM | 2025 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Operating Revenue | 254.28M | 224.44M | 242.12M | 203.85M | 253.44M | 527.51M |
| Cost of Revenue | 318.22M | 282.06M | 298.41M | 270.64M | 148.42M | 110.57M |
| Gross Profit | -63.94M | -57.62M | -56.30M | -66.79M | 105.02M | 416.94M |
| Operating Expenses | 65.58M | 87.47M | 101.10M | 96.95M | 101.41M | 81.97M |
| Profit after Tax (Net Income) | -71.19M | -85.87M | -101.38M | -65.42M | 24.31M | 289.00M |
Company Profile
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
HQ Location: Las Vegas, United States
Website: https://mpmaterials.com
Co-Founder, Chairman, President & CEO: Mr. James Henry Litinsky
Employees: 998
About Company:
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics. The Materials segment owns and operates the Mountain Pass Rare Earth Mine and Processing facility located near Mountain Pass, San Bernardino County, California. The Magnetics segment produces magnetic precursor products, including NdPr metal; and manufactures NdFeB permanent magnets. MP Materials Corp. was founded in 2017 and is headquartered in Las Vegas, Nevada.