MP Materials Corp. (MP) Canaccord Genuity’s 46th Annual Growth Conference August 12, 2026 8:30 AM EDT
Company Participants
Ryan Corbett – Chief Financial Officer
Conference Call Participants
George Gianarikas – Canaccord Genuity Corp., Research Division
Presentation
George Gianarikas
Canaccord Genuity Corp., Research Division
Good morning, everyone. I’m George Gianarikas, one of Canaccord Genuity’s sustainability analysts, and thank you to everyone for attending our — the second day of our 46th Annual Growth Conference. We’re very happy to have with us today MP Materials CFO, Ryan Corbett, who’s come here a few times before and always has a really interesting things to say actually. So I’m looking forward to the conversation.
Ryan Corbett
Chief Financial Officer
Thanks for having me again.
George Gianarikas
Canaccord Genuity Corp., Research Division
Of course. I have the quote here in front of me. I want to read it. I thought it was super interesting from Michael, the COO. And he said, we’re going to start with Stage 1. We are highly encouraged by early exploratory drilling results that suggest the potential for additional ore within the existing Pit Contours.
Translating that, I think it means that you have potentially more mine life. And so maybe if you can explain to us where it stands today and where it could stand after you’re done with this drilling.
Ryan Corbett
Chief Financial Officer
Sure. Yes. I like that quote, too. I gave them a little bit of cra* Pit Contours. It sounds very. The reality though is, I think we’ve said pretty consistently, there has not been a significant exploratory drilling campaign at Mountain Pass, frankly, for decades. What we have seen within our existing resource and reserve report and what we file annually is we very consistently have positive reconciliations on actual results versus what the block model is telling you should be there.
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