MP Materials Investor Conference Presentation Deck
KPI - Realized Price
Reconciliation and Calculation
(in thousands, unless otherwise stated, unaudited)
Product sales
Adjusted for:
Shenghe Implied Discount(1)
Other(2)
Total Value Realized (3)
Total Value Realized (3)
Divided by:
REO sales volume (in MTs)
Realized price per REO MT (in dollars)(4)
$
$
For the three months ended
June 30,
2021
73,118 $
(596)
72,522 $
72,522 $
9,877
7,343 $
2020
For the three
months ended
March 31,
2021
30,391 $
3,023
(1,563)
31,851 $
31,851 $
10,297
3,093 $
59,971
(2,282)
57,689
57,689
9,793
5,891
1. Represents the difference between the contractual amount realized by Shenghe Resources (Singapore) International Trading Pte. Ltd. ("Shenghe") and the amount of deferred revenue we recognized.
2. The amounts for the three months ended March 31, 2021, and June 30, 2020, pertain primarily to tariff rebates due to the retroactive effect of lifting the Chinese tariffs in May 2020. The amount for the three months ended June 30, 2021, pertains to revenue recognized under our
government contracts.
3. See "Use of Non-GAAP Financial Measures" for definition and further information.
4. May not recompute as presented due to rounding.
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