MP Materials (MP) revenue breakdown
By product, Rare earth concentrate is the largest at 71% of fiscal 2024 revenue; NdPr oxide and metal grew fastest, 8211% a year over 1 years.
Revenue by product
Fiscal years, as MP Materials reports them in its 10-K filings; fiscal 2024 total $204M.
| Products | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|
| Rare earth concentrate | $134M | $329M | $517M | $252M | $144M | 71% |
| NdPr oxide and metal | — | — | — | $695,000 | $58M | 28% |
| Other revenue | $613,000 | $3M | $10M | $282,000 | $2M | 1% |
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Where does MP Materials make its money?
In fiscal 2024, by product: Rare earth concentrate $144M, NdPr oxide and metal $58M, Other revenue $2M.
From MP Materials's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.