"Foot the Bill for US Rare Earth Self-sufficiency: MP Materials Sacrifices Sales to China, Resulting in Q3 Loss. Magnetic Factory to Achieve Initial Production by Year's End"

Zhitong Finance and Economics APP learned that rare earth company MP Materials (MP.US) stated on Thursday that its third-quarter loss had expanded due to ceasing sales to Chinese customers in accordance with an agreement with the U.S. government, but its performance still exceeded Wall Street expectations.