MP Materials is trading 6.67% up at $54.52 after second-quarter results beat expectations on higher rare-earth sales and U.S. government price support.
- The move extends its August 7, 2026 rally; Reuters reported processed rare-earth sales increased during the quarter.
- NdPr production reached 840 metric tons, while sales rose 127%.
- Management raised full-year 2026 NdPr production guidance to 3,300–3,600 metric tons; broader markets are slightly weaker, so company-specific earnings momentum appears to be the primary driver.