NYSE:MPMetals and Mining
Does Record NdPr Output And DoD–Apple Deals Change The Bull Case For MP Materials (MP)?
In the first quarter of 2026, MP Materials Corp. reported revenue of US$90.65 million versus US$60.81 million a year earlier, while its net loss narrowed to US$7.97 million and loss per share improved to US$0.04.
Alongside record NdPr production, long-term agreements with the U.S. Department of Defense and Apple are increasingly defining MP Materials’ role in securing a domestic rare earth supply chain amid geopolitical tensions.
With MP Materials’ record NdPr output and strengthened...