MP Materials' second-quarter loss shrinks on rising sales, US price support
06/08/2026 21:18
MP Materials' second-quarter loss shrinks on rising sales, US price support Aug 6 (Reuters) - Rare earths producer MP Materials MP.N said on Thursday its second-quarter net loss shrank due to rising sales and its price support agreement with the U.S. government.
The company posted a net loss of $20.3 million, or 11 cents per share, compared to a net loss of $30.9 million, or 19 cents per share, in the year-ago quarter.
(Reporting by Ernest Scheyder; Editing by Chris Reese)
((ernest.scheyder@thomsonreuters.com; X: @ErnestScheyder; +1-469-691-7667; Reuters Messaging: ernest.scheyder.thomsonreuters.com@reuters.net))
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