Mp Materials Corp. · NYSE:MP
Mp Materials — Gabelli Funds 49th Annual Automotive Symposium 2025
11 slides from Mp Materials's conference presentation, Nov 4, 2025
Slide 1: Gabelli's 49th Annual Auto Symposium
Gabelli’s 49th Annual Auto Symposium N OV E M B E R 4 , 2 0 2 5
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MP Materials Corp. (the “Company,” “we,” “us” and “our”) intend such forward-looking statements to be covered by the safe harbor provisions for forward-lookin
Slide 3: Adjusted EBITDA and Estimates
Adjusted EBITDA and Estimates This presentation includes some illustrative examples of forward-looking estimates of EBITDA as described below, which is a non-GAAP measure. Because these are illustrative examples and forward-looking estimates, we are unable to present a quantitative reconciliation to
Slide 4: MP Materials Overview
MP Materials Overview America’s National Champion in Rare Earth Magnetics Only fully integrated Investing in midstream and Significant EBITDA visibility Founder-led, owner-operator producer of rare earth downstream expansion to underpinned by DoW culture products globally with support long-term part
Slide 5: Our Mission is to Restore the Full Rare Earth Supply Chain to the U.S.
Our Mission is to Restore the Full Rare Earth Supply Chain to the U.S. Upstream Mining & Beneficiation Midstream Separation & Refining Downstream Metal, Alloy & Magnet Manufacturing Chosen by America as the national champion to restore the U.S. rare earth magnets supply chain 5
Slide 6: Demonstrating Vertical Integration at Scale
Bastnaesite Ore Mined at Mountain Pass NdPr Oxide Produced at Mountain Pass Demonstrating Vertical Integration at Scale Mountain Pass Independence Upstream Mining & Beneficiation Midstream Separation & Refining Chosen by America as theNdPr national champion Metal Produced to restore the U.S. rare ea
Slide 7: DoW Transaction Summary
DoW Transaction Summary A win for MP shareholders, government & industry, and U.S. taxpayers Accelerates build-out Addresses significant Secures critical input Aligns MP and DoW Positions MP as a of fully integrated economic and to Physical AI and interests with shared national champion American sup
Slide 8: 10X Facility Offtake Overview
10X Facility Offtake Overview A 10-year commitment that ensures stability and minimum cash flow with shared upside MP Annual Magnet Capacity Target1 Illustrative Annual 10X Facility EBITDA2 Assumes 7,000 MT of magnets produced by 10X annually MP Materials DoW Share 10,000 MT 7,000 MT $145M Anchored
Slide 9: Significant EBITDA Visibility with Upside Opportunity
Significant EBITDA Visibility with Upside Opportunity MP is now positioned as a national champion with a durable and scalable economic platform Illustrative Annual EBITDA Potential upside: • NdPr Price Upside • Upstream 60K • Magnetics Upside & Growth • Recycling > $650M • Other Independence EBITDA1
Slide 10: Apple Transaction Summary
Apple Transaction Summary New long-term partnership anchors Independence expansion and creates significant opportunity in recycling Anchors the Exceeds $500M in Scales recycling Supported by a Extends an existing expansion of initial contract value capabilities at $200M prepayment five-year technica
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