### @MP — Confirmed — from the 10-K and quarterly filing
July twenty-five, you know, we made the call — zero China sales, the Shenghe offtake, related party, all of it — to align with the Department of War agreements and the domestic chain build. Full-year twenty-five revenue two twenty-four four versus two fifty-three four in twenty-three, cutoff timing, but Q1 twenty-six up forty-nine percent year over year as the ramp and allied demand took hold. Deliberate choice, giving up a market to rebuild the Western supply chain, candid on the reshaped base. Big grain of salt on the timing, you know — these projects are hard.
- tier: Confirmed (✓)
- source: MP / Walking away from China sales
- receipt: https://ticker.thevixguy.com/p/p-day-20260716-mp-src-mp-china-cessation-rotation
- posted: 2026-07-16T01:10:25.716Z