Which U.S. defence stocks did Hancock Prospecting add to its portfolio in March, and what was the total value of that portfolio shift?

Hancock Prospecting added CrowdStrike (CRWD.O), L3Harris (LHX.N), Lockheed Martin (LMT.N), Northrop Grumman (NOC.N), and RTX (RTX.N) to its U.S. portfolio in March as part of a $133 million portfolio shift toward defence firms and gold, according to a May 15 filing.

What new stake did Hancock Prospecting take in a rare earths company, and what other significant changes did it make to its commodity-related holdings?

Hancock Prospecting took a 6.3% stake in Rare Earths Americas (REA.A) in the current quarter, as shown in a May 14 filing; it also boosted its position in copper producer Hudbay Minerals (HBM.TO) by around 10% and sold all its holdings in Chilean lithium producer SQM (SQMA.SN), with which it is jointly developing the Andover lithium project in Australia.

Gina Rinehart's Hancock Prospecting Adds Defence Stocks to US Portfolio

May 17, 2026

Hancock Prospecting allocated $133 million to defense and commodity sectors, acquiring stakes in Rare Earths Americas, MP Materials, and copper producer Hudbay while divesting from lithium producer SQM.

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