MP Materials is trading 4.48% up in pre-market at $35.25 after third-quarter results beat analyst estimates. - Adjusted earnings were $0.04 per share versus expectations for a loss; revenue was $147.7 million. - NdPr production rose 41% year over year to 1,018 metric tons; GM magnet qualification was completed, with deliveries and revenue expected in Q4. - Released after the November 5 close, results were the clearest catalyst; Bitcoin and Ethereum fell 5.39% and 7.49% over 24 hours, so crypto strength did not explain the move.