Billionaire Gina Rinehart Is Now the Top Investor in MP Materials. Should You Follow the Money and Buy MP Stock Too?

Core Insights - Australian mining magnate Gina Rinehart has increased her stake in MP Materials to 8.4%, becoming the top shareholder, which has influenced the stock price significantly [1][3] - Rinehart's investment in MP Materials is part of her broader $3 billion portfolio, highlighting her strategic focus on the American defense supply chain [2][3] - MP Materials has reported record production of neodymium-praseodymium oxide, achieving 721 metric tons in Q3, marking a 21% increase from the previous quarter and a 51% year-over-year growth [4][5] Company Performance - MP Materials has secured a $400 million investment from the Pentagon and plans to establish a new heavy rare-earth processing facility in California by mid-2026 [4] - The company holds approximately $2 billion in cash and about $1 billion in debt, providing financial flexibility for growth initiatives [5] - A price protection agreement with the Pentagon guarantees MP Materials a minimum of $110 per kilogram for its rare-earth oxide, enhancing revenue stability [6]