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MP| Name | Value |
|---|---|
| Revenues | 41.2M |
| Cost of Revenue | 0.7M |
| Gross Profit | 40.5M |
| Operating Expense | 74.2M |
| Operating I/L | -33.6M |
| Other Income/Expense | 13.0M |
| Interest Income | 14.0M |
| Pretax | -20.7M |
| Income Tax Expense | 4.4M |
| Net Income/Loss | -16.3M |
MP Materials Corp. is a rare earth mining and processing company that owns and operates the Mountain Pass Rare Earth mine, holding mineral rights and intellectual property related to rare earth minerals. The company offers cerium, lanthanum, neodymium, praseodymium, and samarium. Its primary source of revenue comes from the extraction, processing, and sale of rare earth minerals, which are essential components in various high-tech products such as electronics, renewable energy technologies, and defense applications.
