If the new 12c shareholders include this MP Materials (listed NYSE) ... it can't be a bad thing ...
https://mpmaterials.com/articles/mp-materials-reports-fourth-quarter-2023-results/MP Materials Reports Fourth Quarter 2023 Results
Exceeded 40,000 metric tons of REO production for the third consecutive year
Commenced production of separated rare earth products
Produced 200 metric tons of NdPr oxide in 2023
Generated $253.4 million of revenue in 2023
Produced $24.3 million of net income and Adjusted EBITDA of $102.5 million in 2023
Produced 41,557 metric tons of rare earth oxides (“REO”) in concentrateProduced 200 metric tons of NdPr oxideSold 36,837 metric tons of REO, generating revenue of $253.4 millionProduced net income of $24.3 million and Adjusted EBITDA of $102.5 millionEnded 2023 with $997.8 million of cash, cash equivalents and short-term investments and $307.8 million of net cash on the balance sheetSecured significant NdPr oxide-to-metal tolling capacity to expand midstream sales opportunitiesBegan installation of metal and alloy production equipment in Fort Worth, Texas, magnetics facilityStarted trial production of NdPr metalFourth Quarter 2023 Highlights
Production of 9,257 metric tons of REO in concentrateSales volumes of 7,174 metric tons of REO in concentrateProduction of 150 metric tons of NdPr oxideSales of 10 metric tons of NdPr oxide
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