MP Supplies Corp. (NYSE:MP) BofA Securities 2025 Commodities Convention June 23, 2025 12:00 PM ET
Firm Members
Ryan S. Corbett – Chief Monetary Officer
Convention Name Members
Michael Widmer – BofA Securities, Analysis Division
Operator
Girls and gents, this system is about to start. [Operator Instructions]
Presently, it’s my pleasure to show this system over to your host, Michael Widmer. Please go forward.
Michael Widmer
Thanks very a lot, and good morning, good afternoon, everybody. Once more, I am Michael Widmer, I run the Metals Analysis at Financial institution of America. That is going to be a really compressed high-intent session, truly, we have now bought 25, half-hour to speak MP Supplies. And the uncooked materials — the uncommon earth. With me right this moment, I’ve bought Ryan Corbett, who’s the Chief Monetary Officer at MP Supplies.
Query-and-Reply Session
Michael Widmer
Now that is truly finished proper, and we had a quick chat earlier than about how the market bought from not figuring out the uncommon earth ingredient, uncommon earth supplies a couple of months in the past to being an skilled in the mean time. However I assumed it might be nonetheless clever to possibly set the scene, a whole lot of speak in the mean time about gentle uncommon earth, heavy uncommon earth after which additionally the magnets. So Ryan, What are these?
Ryan S. Corbett
Sure, Michael, thanks for having me, and due to the Financial institution of America crew. Blissful to be right here right this moment. Definitely straightforward to do it just about. So pleasure to be right here. I believe actually over the past a number of months and significantly for the reason that starting of April, there was an unbelievable form of crash for us by the market and what are uncommon earth principally as a result of the significance of each the uncommon earth commodity merchandise and most significantly, the completed merchandise, completed engineered merchandise the uncommon earth everlasting magnets that they go into