MP Materials is trading 10.4% up at $52.42 after investors digested strong second-quarter results and improved operating guidance.

  • Revenue reached $108.5 million, while NdPr production rose 41% year over year to 840 metric tons.
  • Adjusted EBITDA turned positive at $28.5 million, and management raised full-year 2026 NdPr production guidance to 3,300–3,600 metric tons.
  • Broader markets are also higher after weak July jobs data increased rate-cut expectations.