MP Materials Corp Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
16analysts covering
FY Revenue (est.)
$451Mnext fiscal year
FY EPS (est.)
-$0.00next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 5 Nov 2026 |
Monitoring Framework
Key Performance Indicators
Separated NdPr Production Volume (MTs) Quarterly917.0Target: 6,000 tons in refining capacity
Separated NdPr Sales Volume (MTs) Quarterly1KTarget: Transition to separated product sales (cessation of concentrate sales)
Rare Earth Oxide (REO) in Concentrate Production Volume (MTs) Quarterly13KTarget: Approximately 52,000 MTs of REO annually (based on Q1 2026 run-rate of 12,983 MTs)
Watch Items
- Heavy Rare Earth Element (HREE) Separation Circuit CommissioningTrigger: Commissioning activities set to begin imminently at Mountain Pass as of Q1 2026Action: Monitor commissioning milestones and initial production yields at Mountain Pass
- Fort Worth Magnetics Facility (10X) Commercial Ramp-upTrigger: Magnetics Segment revenue generation (reached $21.1 million in Q1 2026)Action: Track progress of commercial-scale equipment qualification and initial deliveries to General Motors and Apple
- China Rare Earth Export Controls ExpirationTrigger: Chinese export controls on rare earth processing technologies and their impact on global supply chainsAction: Assess geopolitical impacts and potential price volatility in global rare earth markets
Research as of 2 Sep 2026