Reports Q2 revenue $57.4M, consensus $45.6M. “In the second quarter, our Materials segment achieved record NdPr oxide production and delivered the second-highest REO output in MP‘s history. At the same time, our Magnetics segment advanced commissioning and began profitably ramping metal production,” said James Litinsky, Founder, Chairman & CEO of MP Materials (MP). “We also recently announced transformational partnerships with the Department of Defense and Apple-cornerstone agreements that we believe will drive significant long-term profitability and position MP as a platform for sustained growth in the emerging era of physical AI.”
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