SCHEDULE 13G/A 0001193125-20-304555 0001833602 XXXXXXXX LIVE 2 Class A Common Stock, par value $0.0001 per share 09/30/2025 0001801368 MP Materials Corp. / DE 553368101 1700 S. Pavilion Center Drive Suite 800 Las Vegas NV 89135 Rule 13d-1(c) Shenghe Resources Holding Co., Ltd. b F4 0 5546140 0 5546140 5546140 N 3.1 FI 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. Shenghe Resources (Singapore) International Trading Pte. Ltd. b U0 0 2294965 0 2294965 2294965 N 1.3 FI 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. Shenghe Resources (Singapore) PTE LTD b U0 0 3251175 0 3251175 3251175 N 1.8 FI 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. MP Materials Corp. / DE 1700 S. Pavilion Center Drive, Suite 800, Las Vegas, Nevada, 89135 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. (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 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. 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. N Y Y Y Y Y N 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. Shenghe Resources Holding Co., Ltd. /s/ Huang Ping 11/25/2025 Shenghe Resources (Singapore) International Trading Pte. Ltd. /s/ Lu Shasha 11/25/2025 Shenghe Resources (Singapore) PTE LTD /s/ Wang Quangen 11/25/2025