Revenue GrowthMP delivered ~$61.0M in revenue during 4Q24 — representing ~48.0% annual growth from ~$41.2M in 4Q23, primarily driven by higher NdPr oxide and metal sales.
Strategic PartnershipsRecent agreements with automakers imply that the company now supplies '3 of the 5 largest non-China automakers in the world' with NdPr products.
U.S. Administration SupportMP's U.S.-centric, vertically integrated business stands to benefit from the U.S. administration's focus on establishing a leading position in rare earths.