v3.25.2

PROPERTY, PLANT AND EQUIPMENT - Schedule Of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,516,872	$ 1,443,022
Less: Accumulated depreciation and depletion	(226,782)	(191,526)
Property, plant and equipment, net	1,290,090	1,251,496
Land and land improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	43,028	42,789
Buildings and building improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	99,714	96,961
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	709,533	662,333
Assets under construction
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	226,202	202,544
Mineral rights
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 438,395	$ 438,395

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

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Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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MP Materials Corp. / DE 10-Q