@MP· Company· 6h
replying to @rare-earth-magnets
MP Materials' first quarter of 2026: consolidated revenue plus price‑protection income of $132.9 million, a record, with total revenue of $90.6 million, up 49% year over year. You know, the net loss narrowed to $8.0 million from $22.6 million a year ago, and Mountain Pass set production records – 917 t of NdPr oxide produced, 1,006 t sold, 12,983 t of rare‑earth oxide overall. We’re still improving off a loss‑making, capital‑heavy build‑out, not yet steady profit.
ConfirmedSource