# EDGAR Filing Document

**Accession Number:** 0001801368
**File Stem:** 0001140361-25-043390
**Filing Date:** 2025-11
**Character Count:** 13910
**Document Hash:** c63c039b99b214f9a65fd84b79078cda
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-043390.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001140361-25-043390

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MP Materials Corp. / DE
- **CENTRAL INDEX KEY:** 0001801368
- **STANDARD INDUSTRIAL CLASSIFICATION:** METAL MINING [1000]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 844465489
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91501
- **FILM NUMBER:** 251523583

**BUSINESS ADDRESS:**
- **STREET 1:** 1700 S. PAVILION CENTER DR.
- **STREET 2:** SUITE 800
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89135
- **BUSINESS PHONE:** (702) 844-6111

**MAIL ADDRESS:**
- **STREET 1:** 1700 S. PAVILION CENTER DR.
- **STREET 2:** SUITE 800
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89135

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Fortress Value Acquisition Corp.
- **DATE OF NAME CHANGE:** 20200128
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Shenghe Resources Holding Co., Ltd.
- **CENTRAL INDEX KEY:** 0001833602

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** F4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** FLOOR 7, CHENGNAN TIANFU MANSION
- **STREET 2:** 66# SHENGHE NO. 1 ROAD
- **CITY:** CHENGDU
- **STATE:** F4
- **ZIP:** 00000
- **BUSINESS PHONE:** 8613805186999

**MAIL ADDRESS:**
- **STREET 1:** FLOOR 7, CHENGNAN TIANFU MANSION
- **STREET 2:** 66# SHENGHE NO. 1 ROAD
- **CITY:** CHENGDU
- **STATE:** F4
- **ZIP:** 00000

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Issuer:** MP Materials Corp. / DE

**Title of Class of Securities:** Class A Common Stock, par value $0.0001 per share

**CUSIP Number:** 553368101

**Date of Event Which Requires Filing of this Statement:** 09/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Shenghe Resources Holding Co., Ltd. | Names of Reporting Persons<br>Shenghe Resources Holding Co., Ltd. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>F4 | Citizenship or Place of Organization<br>F4 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>5546140 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>5546140 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5546140 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5546140 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>3.1% | Percent of Class Represented by Amount in Row (9)<br>3.1% |
| 12. | Type of Reporting Person (See Instructions)<br>FI | Type of Reporting Person (See Instructions)<br>FI |

**Comment for Type of Reporting Person:** Amount in rows 6, 8 and 9 consists of 3,251,175 shares of Class A Common Stock, par value $0.0001 per share ("Common Stock"), of MP Materials Corp., a Delaware corporation (the "Issuer") owned by Shenghe Resources (Singapore) PTE. LTD. and 2,294,965 shares of Common Stock owned by Shenghe Resources (Singapore) International Trading Pte. Ltd., which may be deemed to be beneficially owned by Shenghe Resources Holding Co., Ltd. Shenghe Resources Holding Co., Ltd. disclaims beneficial interest in the shares of Common Stock held by Shenghe Resources (Singapore) PTE. LTD. and Shenghe Resources (Singapore) International Trading Pte. Ltd., except to the extent of its pecuniary interest therein. 

Percentage in row 11 is based on 177,230,483 shares of Common Stock issued and outstanding as of October 31, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission on November 7, 2025.

---

| 1. | Names of Reporting Persons<br>Shenghe Resources (Singapore) International Trading Pte. Ltd. | Names of Reporting Persons<br>Shenghe Resources (Singapore) International Trading Pte. Ltd. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>U0 | Citizenship or Place of Organization<br>U0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>2294965 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>2294965 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2294965 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2294965 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.3% | Percent of Class Represented by Amount in Row (9)<br>1.3% |
| 12. | Type of Reporting Person (See Instructions)<br>FI | Type of Reporting Person (See Instructions)<br>FI |

**Comment for Type of Reporting Person:** Percentage in row 11 is based on 177,230,483 shares of Common Stock issued and outstanding as of October 31, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission on November 7, 2025.

---

| 1. | Names of Reporting Persons<br>Shenghe Resources (Singapore) PTE LTD | Names of Reporting Persons<br>Shenghe Resources (Singapore) PTE LTD |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>U0 | Citizenship or Place of Organization<br>U0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>3251175 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>3251175 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3251175 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3251175 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.8% | Percent of Class Represented by Amount in Row (9)<br>1.8% |
| 12. | Type of Reporting Person (See Instructions)<br>FI | Type of Reporting Person (See Instructions)<br>FI |

**Comment for Type of Reporting Person:** Percentage in row 11 is based on 177,230,483 shares of Common Stock issued and outstanding as of October 31, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission on November 7, 2025.

---

**Item 1(a). Name of Issuer:**
MP Materials Corp. / DE

**Item 1(b). Address of Issuer's Principal Executive Offices:**
1700 S. Pavilion Center Drive, Suite 800, Las Vegas, Nevada, 89135

**Item 2(a). Name of Person Filing:**
This Amendment No. 1 to Schedule 13G/A (the "Statement") is filed by each of the entities and persons listed below, each of whom together are referred to herein collectively as the "Reporting Persons" and individually as a "Reporting Person": 

(i)	Shenghe Resources Holding Co., Ltd. ("SRH").
(ii)	Shenghe Resources (Singapore) International Trading Pte. Ltd. ("SRSIT"), an indirect majority-owned subsidiary of SRH.
(iii)	Shenghe Resources (Singapore) PTE LTD ("SRS"), an indirect wholly-owned subsidiary of SRH.

**Item 2(b). Address of Principal Business Office:**
(i)	For SRH: 
399# Yiteng Road 
Shuangliu District, Chengdu 
Sichuan, China, 610200 
 
(ii)	For SRSIT: 
60 Paya Lebar Road 
#04-23 Paya Lebar Square 
Singapore 409051 
 
(iii)	For SRS: 
60 Paya Lebar Road 
#04-23 Paya Lebar Square 
Singapore 409051

**Item 2(c). Citizenship:**
SRH is a company organized under the laws of the People's Republic of China. SRSIT and SRS are companies organized under the laws of Singapore.

**Item 2(d). Title of Class of Securities:**
Class A Common Stock, par value $0.0001 per share

**Item 2(e). CUSIP Number:**
553368101

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

The percentages used in this Statement are calculated based upon 177,230,483 shares of Common Stock issued and outstanding as of October 31, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission on November 7, 2025.
The information required by Items 4(a)-(c) is set forth in Rows (5)-(11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. Reporting Person holdings are as of the date of filing.

**(b) Percent of class:**

—

**Item 5. Ownership of Five Percent or Less of a Class.**

[ ] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Shenghe Resources Holding Co., Ltd.**

**Date:** 11/25/2025

**By:** /s/ Huang Ping

**Name & Title:** Huang Ping, Vice Chairman & CEO

**Shenghe Resources (Singapore) International Trading Pte. Ltd.**

**Date:** 11/25/2025

**By:** /s/ Lu Shasha

**Name & Title:** Lu Shasha, Director

**Shenghe Resources (Singapore) PTE LTD**

**Date:** 11/25/2025

**By:** /s/ Wang Quangen

**Name & Title:** Wang Quangen, CEO & Director