MP Materials quarterly loss widens after stopping sales to Chinese customers
ReutersNov 6, 2025 9:13 PM
Nov 6 (Reuters) - Rare earths company MP Materials MP.N said on Thursday its third-quarter loss widened as it stopped sales to Chinese customers as part of an agreement to receive U.S. government financial backing.
The Las Vegas-based company posted a quarterly loss of $41.8 million, or 24 cents per share, compared to a loss of $11.2 million, or 16 cents per share, in the year-ago quarter.
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