MP Materials Corp will announce its financial results for the third quarter ended September 30, 2026, after the U.S. markets close on Thursday, November 5, 2026.

The company’s management team will host a conference call and webcast to discuss the earnings later that afternoon. The event is scheduled for 2:00 pm Pacific Time (5:00 pm Eastern Time). Prior to the call, MP Materials will issue a press release and post a slide presentation on its investor relations website.

Conference call details

Investors and analysts can access the live audio presentation and accompanying slides via the company’s investor portal. A replay of the webcast will be available approximately one hour after the conclusion of the call.

Company profile

MP Materials operates as America’s only fully integrated rare earth producer. The company manages capabilities across the entire supply chain, from mining and processing to advanced metallization and magnet manufacturing. Its operations utilize one of the world’s richest rare earth deposits located in California.

The firm produces permanent magnets described as the world’s strongest and most efficient. These products support critical sectors including transportation, energy, robotics, defense, and aerospace.

MP Materials Founder, Chairman and Chief Executive Officer James Litinsky topped Bedford Group/TRANSEARCH's 2026 mining compensation rankings with a reported fiscal 2025 total compensation of US$28.0 million (C$39.2 million).

Litinsky's pay package was heavily weighted toward long-term equity, reflecting the company's strategic expansion into U.S. magnet manufacturing and its partnership with the Department of Defense. His compensation included US$24.8 million (C$34.6 million) in stock awards, US$2.2 million (C$3.1 million) in annual non-equity incentive compensation, and a base salary of US$1.0 million (C$1.4 million).

Compensation breakdown

The data highlights a significant divergence between fixed salary and performance-linked equity for top-tier mining executives. While base salaries saw modest increases, total compensation growth was driven primarily by incentive structures.

Note: Currency conversions based on Bank of Canada's 2025 average exchange rate.

Sector-wide trends

Bedford's 2026 Report on Board and Executive Compensation in the Mining Industry analyzed practices at 346 publicly traded companies, covering more than 1,300 Named Executive Officers (NEOs) and 1,900 directors. The report found that median base salary increased 4% from fiscal 2024 across CEOs, CFOs, and remaining NEOs. However, median total compensation rose 14% for CEOs and CFOs and 8% for remaining NEOs, indicating that changes in incentive compensation had a greater impact on total pay than fixed salary adjustments.

Key findings from the report include:

• 79% of executives received equity compensation during fiscal 2025.
• Stock options were concentrated among smaller companies: 94% of companies with less than $100 million in assets used options, compared with 19% of companies with more than $20 billion in assets.
• Performance Share Unit (PSU) prevalence increased from 26% in the Under $100 million tier to 88% in the $20 billion-plus tier.
• CFO turnover reached 21.3%, the highest level in Bedford's five-year dataset.
• Female representation among CFOs reached 20.8%, the highest among executive positions reviewed.

What the numbers show

The composition of Litinsky's compensation reveals a structural shift in how large-cap mining firms incentivize leadership. With US$24.8 million in stock awards constituting approximately 88% of his total compensation, the package relies almost entirely on long-term value creation rather than immediate cash flow. This aligns with the broader sector trend identified by Bedford, where PSU usage jumps to 88% for companies with assets exceeding $20 billion, compared to just 26% for smaller firms. The disparity suggests that as mining companies scale, they increasingly tie executive wealth to multi-year strategic milestones, such as MP Materials' recent public-private partnership with the U.S. Department of Defense.