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On September 18, 2026, Reuters reported that state-owned China Rare Earth Group is in talks to acquire Shenghe Resources, which holds a roughly 3% stake in US rare earths company MP Materials Corp. (NYSE:MP) and also serves as MP’s exclusive offtake partner for distributing rare earth concentrate in China. A deal would extend Beijing’s consolidation […]
China Rare Earth Group is in talks to take control of Shenghe Resources
Global markets have been buoyant, with major U.S. stock indexes reaching record highs amid optimism surrounding a potential U.S.-Iran peace agreement and the continued momentum in AI-linked stocks. As investors navigate these developments, attention turns to growth companies where high insider ownership can signal strong confidence from those closest to the business.
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