MP Materials Q3 NdPr Production Up 41% Year-over-Year
MP MP Materials Corp
$35.41 +4.95%
View chart & analysis → - 1MP Materials' NdPr production increased 41% year-over-year in the third quarter.
- 2The company recorded $141.6 million in revenue and PPA income from its materials segment during the quarter.
- 3MP Materials completed magnet certification for General Motors.
So what's the key point?
The amount of rare earth materials produced by MP Materials grew by 41% compared to last year. Revenue also reached $141.6 million as the business progresses.
Source The Motley Fool +1 · View original ↗
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