Aug 3 (Reuters) - Rare earths miner MP Materials posted a 90% drop in quarterly profit on Thursday due to falling prices for the strategic metals used across the global economy.
The company posted second-quarter net income of $7.4 million, or 4 cents per share, compared to $73.3 million, or 38 cents per share, in the year-ago quarter. (Reporting by Ernest Scheyder Editing by Chris Reese)
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