MP Materials Investor Conference Presentation Deck

MP has a strategy to become a fully-integrated market champion MP MATERIALS Business Overview Stage I Complete Mining Processing Stage II 2023 Refining Separation Stage III Pulling forward from 2025 Metal Making Alloying MP MATERIALS Magnet Making TOYOTA (GE) Ford GM TOSHIBA — LOCKHEED MARTIN RIVIAN SIEMENS Boston Dynamics T TESLA BOEING Mer NIDEC MOTOR CORPORATION End Products * FANUC 20

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