MP Materials’ share price rebound follows an 11.5% decline in December after political comments downplayed rare-earth risks. Investors have responded positively to the company’s decision to fast-track its Round Top deposit development, moving up the expected start of commercial mining from 2030 to 2028. In addition, MP Materials confirmed that its downstream rare-earth magnet manufacturing plant will be commissioned in the first quarter of 2026. These developments, combined with recently announced strategic supply partnerships designed to source heavy and light rare earths outside China, have significantly improved the market’s outlook on the company’s ability to capture higher‐margin magnet production and secure stable raw material inputs.

According to recent 13F filings, D.A. Davidson & Co. reduced its position in MP Materials by 45.4%, selling 16,908 shares and ending the quarter with 20,372 shares valued at $1.366 million. In contrast, Royal Bank of Canada increased its holding by 26.5%, adding 49,052 shares to reach a total of 234,185 shares worth $5.716 million. AQR Capital Management and Integrated Wealth Concepts each opened new positions in the first quarter, investing approximately $215,000 and $219,000 respectively. MIRAE ASSET GLOBAL ETFS expanded its stake by 4.6% to 10,793 shares, and Goldman Sachs raised its ownership by 36.0% to 193,943 shares. Institutional investors now account for 52.55% of total shares outstanding, reflecting both strategic accumulation and selective profit-taking among major funds.

In the third quarter, MP Materials reported a 51% year-over-year increase in neodymium-praseodymium oxide output, reaching 721 metric tons, while total rare-earth oxide production climbed to a record 13,254 metric tons. The company has set a long-term goal of producing 60,000 metric tons annually. In July 2025, MP Materials secured a 10-year price-floor protection agreement with the U.S. Department of Defense at $110 per kilogram for NdPr products, effective October 1, 2025. Corporate partnerships include a $500 million commitment from a major tech firm for domestic magnet supply and recycling infrastructure—of which $40 million has already been prepaid—and an agreement with a leading automaker to begin commercial‐scale magnet deliveries in the second half of 2026. These collaborations are expected to improve revenue visibility and support a return to positive earnings per share by year-end.