{ "docId": "019de518-1d8f-76cd-b17e-6f91d0e7021c", "docSlug": "b9820b9fc62acead8c9faa1f70272f1d", "documentTitle": "MP Materials | Results Presentation Deck | 19 slides", "authorId": "mp-materials", "authorName": "MP Materials", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-02-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 6, "pageCount": 19, "prevPage": 5, "nextPage": 7, "slideType": "kpi_overview", "function": "summarize", "density": "overcrowded", "nDataPoints": 20, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de518-1d8f-76cd-b17e-6f91d0e7021c/6", "deckHref": "/decks/019de518-1d8f-76cd-b17e-6f91d0e7021c", "deckJsonHref": "/decks/019de518-1d8f-76cd-b17e-6f91d0e7021c.json", "deckAnchorHref": "/decks/019de518-1d8f-76cd-b17e-6f91d0e7021c#slide-6", "components": [ { "bbox": { "h": 0.32, "w": 0.19, "x": 0.23, "y": 0.46 }, "kind": "chart", "text": "REO Sales Volumes (MT) 42,158 43,198 36,837 2021 2022 2023", "attrs": null, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0d04b3f5-0dc2-4ecf-91e2-95524d19f685", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.32, "w": 0.19, "x": 0.8, "y": 0.46 }, "kind": "chart", "text": "NdPr Production Volumes(3) (MT) N/A N/A 200 2021 2022 2023", "attrs": null, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4dca4842-3c9f-4488-bedc-08c033569ece", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.32, "w": 0.19, "x": 0.42, "y": 0.46 }, "kind": "chart", "text": "Realized Price(1) ($/MT REO) $7,745 $11,974 $6,854 2021 2022 2023", "attrs": null, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d31314e1-59ca-4f53-9d45-963cc4e0f48d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.32, "w": 0.19, "x": 0.04, "y": 0.46 }, "kind": "chart", "text": "REO Production Volumes (MT) 42,413 42,499 41,557 2021 2022 2023", "attrs": null, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dcd9b79c-22f2-4197-aca3-7f449aaa3b42", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.32, "w": 0.19, "x": 0.61, "y": 0.46 }, "kind": "chart", "text": "Production Cost(2) ($/MT REO) $1,493 ~$140 $1,728 ~$300 $2,058 ~$310 2021 2022 2023", "attrs": null, "subkind": "bar-vertical", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ec133bb2-a37d-40ad-bad9-f1263e716afe", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.301, "x": 0.35, "y": 0.828 }, "kind": "legend", "text": "2021 2022 2023 Stage II Related", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "51e1c238-d537-49f8-9a11-c16ded23a178", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.139, "w": 0.954, "x": 0.023, "y": 0.198 }, "kind": "list", "text": "Concentrate production remained strong.\nConcentrate sales volumes declined due to increased consumption in Stage II circuits.\nRealized pricing declined with lower NdPr market prices.\nCost of production rose due to Stage II ramp activities, longer plant turnarounds, and descaling of standalone concentrate production.\nNdPr production ramping.", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0bdfabb4-d4cd-4fca-9d9d-284070fc662b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.104, "w": 0.777, "x": 0.074, "y": 0.866 }, "kind": "source-note", "text": "1. Realized Price per REO MT is calculated as the quotient of: (i) our GAAP rare earth concentrate sales for a given period and (ii) our REO Sales Volume for the same period. For 2021, we adjusted our rare earth concentrate sales for the revenue impact of tariff rebates, resulting in the use of a non-GAAP financial measure, Total Value Realized. See Appendix for a reconciliation of Total Value Realized (non-GAAP) to rare earth concentrate sales (GAAP).\n2. See Appendix for the calculation of Production Cost per REO MT, which includes the non-GAAP financial measure, Production Costs. See Appendix for a reconciliation of Production Costs (non-GAAP) to Cost of sales (GAAP). Beginning with the first quarter of 2024, we will no longer present Production Cost per REO MT (and consequently, Production Costs), which is a metric focused solely on Stage I concentrate operations, as it will no longer be meaningful in evaluating and understanding our business or operating results.\n3. N/A = Not Applicable as there was no NdPr production in these periods.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7b8d202a-b327-4203-905c-117429f1de95", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.426, "x": 0.045, "y": 0.07 }, "kind": "title", "text": "Full Year Operating Metrics", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "92025f0c-64be-47ed-a506-54fa5fcaba61", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.019, "w": 0.39, "x": 0.306, "y": 0.393 }, "kind": "title", "text": "Comparable Operational Metrics – Year-over-Year", "attrs": null, "subkind": "subtitle", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "11fe6be5-10bb-4c1a-8e9e-313c604b3379", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }