Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Couloir Capital is Pleased to Announce the Initiation of Research Coverage on MP Materials Corp. (NYSE: MP) The report is titled, "Overvalued at the Current Price Level; Major Risk with NdPr Price Correction." The report contains an overview of rare earth metals, the NdPr market, supply / demand factors and a price look for NdPr. Couloir Capital's senior analyst is a CFA and a QP or Qualified Person for mining and mineral valuation finance.
Report excerpt: "The processing and separation of rare earth is a complex process and mostly radioactive material handling is associated with the process. This results in more permitting time and more time to stabilize a new processing facility.
"We are not expecting any significant increase in the supply of NdPr oxide outside China for 2-3 years. But with multiple projects in line, we are expecting China will lose its dominance in the NdPr oxide market from 80% to about 60% by 2030. This additional supply will also put pressure on the NdPr oxide price in the long term."
The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal
About Couloir Capital
Couloir Capital is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.
For further information, please contact:
Rob Stitt, Managing Director, Couloir Capital Ltd.
Analyst Disclosure: The analyst and/or affiliated companies holds a short position share of MP.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100967