MP Materials (NYSE: MP) was on the rise in 2025. By the end of the year, shares of the permanent magnet maker and rare earth miner were up 224%. At one point in October 2025, MP shares were up around 440%, before a broader sell-off in the market brought the stock back down to earth….
Gina Rinehart, Australia’s richest person, has become the largest shareholder in US-based rare earths producer MP Materials. Rinehart’s Hancock Prospecting increased its stake in MP Materials to 8.4% after acquiring an additional one million shares during the third quarter, making it the company’s largest shareholder, it reported. Bloomberg. As of September 30, Hancock Prospecting’s US-listed…
