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0 0.00440304826418286 0.00440304826418286 0.00406435224386117 0.00440304826418286 0.00423370025402202 0.00372565622353935 0.00372565622353935
Stock impact report

MP Materials: Commodities Might Be Rallying, But I'm Still Not Buying The Stock [Seeking Alpha]

MP Materials Corp. (MP) 
Company Research Source: Seeking Alpha
Despite a 10.3% YoY revenue increase and ramped-up production, MP's operating cost per kilo and reliance on short-term investment income raise sustainability concerns. MP's adjusted EBITDA is heavily engineered, masking real cash expenses and interest burdens, with $85 million in net losses and significant add-backs in 2025. Long-term MP risks include potential demand destruction if EV manufacturers successfully eliminate rare earth minerals, challenging MP's domestic supply chain thesis. Pla2na/iStock via Getty Images Investment Thesis The mining industry is a space I have a weak spot for right now. I've covered it extensively, from small up-and-coming miners to larger and more established ones like the topic of today, MP Materials Corp. ( This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article Show less Read more
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