MP Materials Investor Conference Presentation Deck
KPI - Production Cost
Reconciliation and Calculation
(in thousands, unless otherwise stated, unaudited)
Cost of sales(1)
Adjusted for:
Cost attributable to sales of stockpiles
Stock-based compensation expense(2)
Shipping and freight
Production Costs (3)
Production Costs(3)
Divided by:
REO sales volume (in MTs)
Production Cost per REO MT (in dollars)(4)
1. Excluding depreciation, depletion and amortization.
2. Pertains only to the amount of stock-based compensation expense included in cost of sales (as opposed to general and administrative).
3. See "Use of Non-GAAP Financial Measures" for definition and further information.
4. May not recompute as presented due to rounding.
$
For the three months ended
June 30,
2021
17,955 $
(6)
(578)
(2,183)
15,188 $
15,188 $
9,877
1,538 $
2020
16,865 $
(112)
For the three
months ended
March 31,
(2,210)
14,543 $
14,543 $
10,297
1,412 $
2021
17,936
(73)
(1,318)
(2,098)
14,447
14,447
9,793
1,475
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