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0 0.000350140056022339 -0.00210084033613478 -0.00332633053221322 -0.00577731092437009 -0.00682773109243723 -0.00507703081232529 -0.00280112044817958
Stock impact report

MP Materials: A Miner Trying To Become A Contracted U.S. Magnet Platform [Seeking Alpha]

MP Materials Corp. (MP) 
Company Research Source: Seeking Alpha
DoW signed a magnet offtake agreement tied to MP building a second magnet plant. Outside China, there are limited scaled routes from ore to separated products to magnet manufacturing. MP is attempting to be that route, and the DoW agreement explicitly pushes MP to build more downstream and heavy capability. wildpixel/iStock via Getty Images MP Materials ( MP ) is in the middle of a hard pivot: away from selling rare earth concentrate into China-linked channels and toward producing separated NdPr (the key magnet ingredient) and ultimately finished magnets in the U.S. In July This article was written by Quick Insights The DoW price protection agreement and magnet offtake guarantee a $110/kg NdPr floor and $140M annual EBITDA for the 10X plant, significantly reducing commodity price exposure. Commissioning and ramp risks in separation and magnet manufacturing, cost overruns, and potential contract friction could erode returns despite contractual downside protection. Pr Show less Read more
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