Nov 07, 2023 / 04:40PM GMT
Ryan S. Corbett - MP Materials Corp. - CFO
All righty. Thanks for having us here. Good morning. Obviously, you guys are used to these safe harbor. We may make certain forward-looking statements and use non-GAAP financial measures. Please take a look at our SEC filings for more information on that.
So I'll give a quick background on MP for those of you that are newer to the story. MP is North America's only scaled producer of rare earth materials. We own and operate Mountain Pass mine and processing facility in California. We are the second largest producer of rare earth materials globally.
We are a founder-led business with an owner-operator culture, and we've been focused on restoring the rare earth supply chain to the Western world. I mean we've done that in a 3-stage strategy. Starting with production of mixture of concentrate, which is what we call Stage 1 of our business. We've recently transitioned into Stage 2 of our business, which is refining that rare earth concentrate into separated rare earth oxides. Those rare earth oxides are the fundamental building blocks of magnetics,
MP Materials Corp at Robert W Baird Global Industrial Conference Transcript
Nov 07, 2023
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