Articles from MP Materials

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) announced today the pricing of an upsized underwritten public offering of common stock. The Company is selling 11,818,181 shares of common stock in the Offering at a public offering price of $55.00 per share. The aggregate gross proceeds to the Company from the Offering are expected to be approximately $650 million, before deducting underwriting discounts and commissions and other offering expenses. All shares of common stock to be sold in the offering will be offered by the Company. The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,772,727 shares of its common stock, solely to cover over-allotments, at the public offering price per share, less underwriting discounts and commissions.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that it has commenced a $500 million underwritten public offering (the “Offering”) of its common stock. All shares of common stock to be sold in the Offering will be offered by the Company. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

MP Materials (NYSE: MP) today announced a definitive, long-term agreement to supply Apple with rare earth magnets manufactured in the United States from 100 percent recycled materials.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced it has entered into a transformational public-private partnership with the United States Department of Defense (“DoD”) to dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency.

MP Materials Corp. (NYSE: MP) today announced that company executives will participate in the following conferences:

Saudi Arabian Mining Company (“Maaden” or the “Company”, 1211 on the Saudi Exchange), one of the world’s fastest growing mining companies, has signed an agreement with MP Materials Corp (“MP Materials”) (NYSE: MP), the American fully integrated rare earth producer, to explore opportunities to establish a fully integrated, end-to-end rare earth supply chain.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial and operational results for the three months ended March 31, 2025.

In response to China’s retaliatory tariffs and export controls, MP Materials (NYSE: MP) has ceased shipments of rare earth concentrate to China. Selling our valuable critical materials under 125% tariffs is neither commercially rational nor aligned with America’s national interest.

MP Materials Corp. (NYSE: MP) will release its financial results for the first quarter ended March 31, 2025, after the U.S. markets close on Thursday, May 8, 2025.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced its financial results for the fourth quarter and full year ended December 31, 2024.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Canaccord Genuity Sustainability Virtual Summit on Wednesday, February 26, 2025, at 2:20 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP) will release its financial results for the fourth quarter ended December 31, 2024, after the U.S. markets close on Thursday, February 20, 2025.

MP Materials (NYSE: MP) has reached a pivotal milestone in restoring the U.S. rare earth magnet supply chain. The company’s flagship Independence facility in Fort Worth, Texas, has commenced commercial production of neodymium-praseodymium (NdPr) metal and trial production of automotive-grade, sintered neodymium-iron-boron (NdFeB) magnets. These achievements bring the U.S. closer to reestablishing a fully integrated, domestic supply chain for these critical components for the first time in decades.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that on December 9, 2024, it entered into separate, privately negotiated exchange agreements (the “Exchange Agreements”) with a limited number of holders of its 0.25% green convertible senior notes due 2026 (the “2026 Convertible Notes”). Pursuant to the Exchange Agreements, the Company will exchange approximately $131.6 million aggregate principal amount of the 2026 Convertible Notes for approximately $106.6 million aggregate principal amount of the Company’s 3.00% convertible senior notes due 2030 (the “2030 Convertible Notes”). The newly issued 2030 Convertible Notes will be part of the same series as the Company’s existing 2030 Convertible Notes. The exchanges are expected to settle on or about December 16, 2024, subject to customary closing conditions.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Jefferies 2024 Battery Storage & Materials Conference on Friday, December 13, 2024, at 2:20 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced financial and operational results for the three months ended September 30, 2024.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) will release its financial results for the third quarter ended September 30, 2024, after the U.S. markets close on Thursday, November 7, 2024.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that its Board of Directors has approved a $300 million increase to the Company’s existing share repurchase program, bringing the total authorized amount to $600 million. The share repurchase program has also been extended and is now effective until August 30, 2026.

MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial and operational results for the three months ended June 30, 2024.

MP Materials Corp. (NYSE: MP) will release its financial results for the second quarter ended June 30, 2024, after the U.S. markets close on Thursday, August 1, 2024.

MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the J.P. Morgan 2024 Energy, Power and Renewables Conference on Monday, June 17, 2024, at 1:45 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Baird Global Consumer, Technology & Services Conference on Thursday, June 6, 2024, at 10:15 a.m. Eastern Time.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the TD Cowen 2nd Annual Sustainability Week on Tuesday, May 21, 2024, at 12:25 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial and operational results for the three months ended March 31, 2024.

MP Materials Corp. (NYSE: MP) will release its financial results for the first quarter ended March 31, 2024, after the U.S. markets close on Thursday, May 2, 2024.

MP Materials (NYSE: MP) has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility. The Section 48C Advanced Energy Project tax credit allocation was issued by the IRS and Treasury following a competitive, oversubscribed process administered by the Department of Energy that evaluated the technical and commercial viability and environmental and community impact of approximately 250 projects.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced the pricing of an offering of $650 million principal amount of its 3.00% Convertible Senior Notes due 2030 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). MP Materials has also granted the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the date MP Materials first issues the notes, up to an additional $97.5 million principal amount of notes. The offering was upsized from the previously announced offering of $500 million principal amount. The offering is expected to close on March 7, 2024, subject to customary closing conditions.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that it plans to offer, subject to market and other conditions, $500 million principal amount of its Convertible Senior Notes due 2030 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). MP Materials expects to grant the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the date MP Materials first issues the notes, up to an additional $75 million principal amount of notes.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that its Board of Directors has authorized a share repurchase program of up to $300 million of the Company’s outstanding common stock (“shares”), enabling the Company to opportunistically create value for shareholders.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2023.

MP Materials Corp. (NYSE: MP) today announced that MP Materials will participate in the following conferences:

MP Materials Corp. (NYSE: MP) will release its financial results for the fourth quarter and year ended December 31, 2023, after the U.S. markets close on Thursday, February 22, 2024.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended September 30, 2023.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) will release its financial results for the third quarter ended September 30, 2023, after the U.S. markets close on Thursday, November 2, 2023.

MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the D.A. Davidson Diversified Industrials and Services Conference on Thursday, September 21, 2023, at 9:00 a.m. Eastern Time.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced financial results for the three months ended June 30, 2023.

MP Materials Corp. (NYSE: MP) will release its financial results for the second quarter ended June 30, 2023, after the U.S. markets close on Thursday, August 3, 2023.

MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 21, 2023, at 8:15 a.m. Eastern Time.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended March 31, 2023.

MP Materials Corp. (NYSE: MP) will release its financial results for the first quarter ended March 31, 2023, after the U.S. markets close on Thursday, May 4, 2023.

MP Materials Corp. (NYSE: MP) announced today that Arnold W. Donald has been elected to the company’s board of directors. Mr. Donald brings decades of experience in corporate leadership and a track record of value creation to MP Materials. He is the former President and CEO of Carnival Corporation and currently serves as a Director of Bank of America Corporation and Salesforce, Inc.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2022.

MP Materials Corp. (NYSE: MP) and Sumitomo Corporation ("SC") today announced an agreement to diversify and strengthen rare earth supplies in Japan. Under the agreement, SC will serve as the exclusive distributor of NdPr oxide produced by MP Materials to Japanese customers. Further, the companies will collaborate on the supply of rare earth metals and other products.

MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the BMO Global Metals, Mining and Critical Minerals Conference on Tuesday, February 28, 2023, at 3:00 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP) will release its financial results for the fourth quarter and year ended December 31, 2022, after the U.S. markets close on Thursday, February 23, 2023.

MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman and Chief Executive Officer, will participate in the Morgan Stanley 9th Annual Auto 2.0 Conference on Thursday, January 5, 2023, at 1:45 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended September 30, 2022.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Gabelli Funds 46th Annual Automotive Symposium on Monday, October 31, 2022, at 3:00 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the third quarter ended September 30, 2022, after the U.S. markets close on Thursday, November 3, 2022.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the 21st Annual D.A. Davidson Diversified Industrials and Services Conference on Thursday, September 22, 2022, at 10:30 a.m. Eastern Time.

MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman and Chief Executive Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the second quarter ended June 30, 2022, after the U.S. markets close on Thursday, August 4, 2022.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the J.P. Morgan 2022 Energy, Power & Renewables Conference on Thursday, June 23, 2022, at 9:40 a.m. Eastern Time.

MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences:

MP Materials Corp. (NYSE: MP) today announced that it will participate in the following conferences:

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial results for the three months ended March 31, 2022.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the first quarter ended March 31, 2022, after the U.S. markets close on Thursday, May 5, 2022.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced its financial results for the fourth quarter and full year ended December 31, 2021.

MP Materials Corp. (NYSE: MP) today announced that it will participate in the following conferences:

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) will release its financial results for the fourth quarter and full year ended December 31, 2021, after the U.S. markets close on Thursday, February 24, 2022.

MP Materials Corp. (NYSE: MP) today announced that Chairman and CEO James Litinsky is scheduled to participate in a virtual fireside chat at Baird’s Vehicle Technology and Mobility Conference on Tuesday, January 25, 2022, at 4:40 p.m. Eastern Time.

MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that a member of its executive management team is scheduled to participate in a virtual panel discussion at Morgan Stanley’s 8th Annual Auto 2.0 Conference on Wednesday, January 5, 2022, at 10:30 a.m. Eastern Time.

MP Materials Corp. (NYSE: MP) announced today that it will build its initial rare earth (RE) metal, alloy and magnet manufacturing facility in Fort Worth, Texas. The company also announced that it has entered a binding, long-term agreement with General Motors (NYSE: GM) to supply U.S.-sourced and manufactured rare earth materials, alloy and finished magnets for the electric motors in more than a dozen models using GM’s Ultium Platform, with a gradual production ramp that begins in 2023.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, today announced its financial results for the three months ended September 30, 2021.

MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that a member of its executive management team is scheduled to participate in a fireside chat at the 45th Annual Gabelli Automotive Symposium in Las Vegas, Nevada, on Monday, November 1, 2021, at 12:30 p.m. Pacific Time.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, will release its financial results for the third quarter ended September 30, 2021, after the U.S. markets close on Thursday, November 4, 2021.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced that on September 13, 2021, the Company priced its registered secondary public offering of 4,250,000 shares of common stock by certain existing stockholders of the Company (the “Selling Stockholders”) at a price to the public of $35.00 per share. This represents an increase of 250,000 shares from the previously announced offering size of 4,000,000 shares of common stock.

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced the commencement, subject to market and other conditions, of a proposed registered secondary public offering of 4,000,000 shares of common stock by certain existing stockholders of the Company (the “Selling Stockholders”).

MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team are scheduled to participate in the following virtual conferences: