BlackRock, Inc. Amends Schedule 13G/A for MP Materials Corp.

BlackRock, Inc. has filed an amendment to its Schedule 13G/A for MP Materials Corp., reporting ownership of 11,930,482 shares of Class A Stock, representing 6.7% of the total outstanding shares. The filing indicates that BlackRock has sole voting power over 11,374,851 shares and sole dispositive power over all 11,930,482 shares. The amendment reflects changes in ownership, with a decrease of 2,855,848 shares but an increase in the value of the holdings by $471,922,440.78, representing a 95.93% increase in value. The filing also notes that various persons have the right to receive dividends or direct the sale of the shares, but no single person's interest exceeds 5% of the total outstanding shares. The amendment was signed by Spencer Fleming, Managing Director, on behalf of BlackRock, Inc.