MP Materials Corporation - Ordinary Shares - Class A

NYSE:MP   3:59:58 PM EDT
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4:24:29 PM EDT: $36.89 -0.32 (-0.86%)
Other Pre-Announcement

MP Materials CEO Says Manchin-Schumer Bill Would Be 'Fantastic For Us'

Published: 08/04/2022 22:15 GMT
MP Materials Corporation - Ordinary Shares - Class A (MP) - Says Expects Q3 Rare Earth Oxide Production to Be Similar to Q1.
Says Expects Rare Earth Oxide Prices to Slide Throughout Rest of Q3.
Says Expects Maintenance Shutdown in Q4 to Be Longer Than in Recent Years.
To Boost Hiring Toward End of Year As Construction of California Rare Earth Processing Equipment Finishes.
Chief Executive Jim Litinsky Says Believes United States is in Recession.
CEO Says Manchin-schumer Bill Under Debate in U.S. Congress is 'fantastic for Us' and Would Be 'a Material Benefit for Us'.
CEO Says Believes Company Would Be Eligible for Production Tax Credit Proposed in Manchin-schumer Bill.
CEO Says Goal Remains to Be Producing Rare Earth Magnets for General Motors Co by 2025.