MP Materials Corp. (MP) Q3 2025 Earnings Call

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WEBVTT 00:00:01.972 -- 00:00:05.677 Hello, and welcome to the MP Materials Q3 earnings call. 00:00:05.677 -- 00:00:09.822 We ask that you please hold all questions until the completion of the formal remarks, 00:00:09.822 -- 00:00:13.667 at which time you will be given instructions for the question and answer session. 00:00:13.667 -- 00:00:16.610 Also, as a reminder, this conference is being recorded. 00:00:16.610 -- 00:00:19.694 If you have any objections, please disconnect at this time. 00:00:19.694 -- 00:00:23.719 With that, I would like to turn the call over to Martin Sheehan, Head of Investor Relations. 00:00:23.719 -- 00:00:26.660 Mr. Sheehan, you may begin. 00:00:27.335 -- 00:00:29.500 Thank you, operator, and good afternoon, everyone. 00:00:29.500 -- 00:00:34.072 Welcome to the MP Materials Third Quarter 2025 Earnings Conference Call. 00:00:34.072 -- 00:00:38.603 With me today from MP Materials are Jim Lutensky, Founder, Chairman, and Chief Executive 00:00:38.603 -- 00:00:43.155 Officer, Michael Rosenthal, Founder and Chief Operating Officer, and Ryan Corbett, Chief 00:00:43.155 -- 00:00:47.843 Financial Officer. As a reminder, today's discussion will contain forward-looking statements 00:00:47.843 -- 00:00:51.709 relating to future events and expectations that are subject to various assumptions and 00:00:51.709 -- 00:00:56.816 caveats. Factors that may cause the company's actual results to differ materially from 00:00:56.816 -- 00:01:01.423 these statements are included in today's presentation, earnings release, and in our SEC 00:01:01.423 -- 00:01:07.208 filings. In addition, we have included some non gap financial measures in this presentation. 00:01:07.208 -- 00:01:11.973 Reconciliations to the most directly comparable gap financial measures can be found i...