Oct 31, 2022 / 07:00PM GMT
Brian C. Sponheimer - Gabelli Funds, LLC - Research Analyst
Moving right along, we have a really unique company. Really truly one of its kind to present next, MP Materials, which is based in Las Vegas. It's the owner and operator of the Mountain Pass rare earth mining and processing facility. It is a critical component of the transition to electric vehicles, and really the only mine of its kind to be able to produce rare earth elements for magnets, for -- that go into motors for EVs.
I'm joined by Ryan Corbett, the company's CFO. The company has 178 million shares outstanding, trades at around $31, $5.5 billion equity cap, good balance sheet and net cash of about $600 million.
So I will gives the floor to Ryan. Ryan, thank you very much for being here.
Ryan S. Corbett - MP Materials Corp. - CFO
Thanks for having me. Hey, guys, thanks for having me. Obviously, as you mentioned, I didn't have to travel very far. Our corporate office is down the street, but nonetheless, very much appreciate you guys having me out.
Quickly, before I dig
MP Materials Corp at Gabelli Funds Automotive Symposium Transcript
Nov 01, 2022
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