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Mar 31
MP Materials Q1 2025 Earnings Report
MP Materials reported financial and operational results for the first quarter of 2025.
Key Takeaways
MP Materials delivered strong execution in Q1 2025 with a 25% increase in total revenue year over year, driven by higher production and sales volumes of separated rare earth products, particularly NdPr oxide and metal. The company also began recognizing revenue from its new Magnetics division.
Total revenue increased 25% year over year to $60.8 million.
Record NdPr production of 563 metric tons, a 36% sequential increase.
Second best quarterly REO production of 12,213 metric tons, a 10% increase year over year.
NdPr sales volumes more than doubled year over year to 464 metric tons.
MP Materials
MP Materials
MP Materials Revenue by Segment
Forward Guidance
The report did not include forward guidance information.