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Molycorp Announced Financial and Operating Results for Q4 and Full Year 2014
Mar 19, 2015Molycorp, Inc. has announced financial and operating results for the fourth quarter and full year 2014. FOURTH QUARTER 2014 RESULTS The Company reported consolidated net revenues of $116.2 million, a 6% decrease over the third quarter ...
Tags: Molycorp, Rare Metals
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Rare Earth Production Increases in Q4 at Molycorp's Mountain Pass Facility
Feb 3, 2015Molycorp, Inc. has reported that rare earth production in the fourth quarter of 2014 at its Mountain Pass, California facility increased year-on-year and nearly doubled that of the preceding quarter. Mountain Pass completed Q4 of 2014 ...
Tags: Molycorp, Rare Earth Production
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Molycorp Entered Into a Commitment Letter to Secure a $400 Million Financing Arrangement
Aug 18, 2014Molycorp, Inc. MCP +3.19% (“Molycorp” or the “Company”) today announced that it has entered into a commitment letter to secure a $400 million financing arrangement with funds managed by Oaktree Capital Management, ...
Tags: Molycorp, Electrical, Electronics
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The Violations Were Discovered as Part of Unannounced EPA Inspections in October 2012
Apr 21, 2014The U.S. Environmental Protection Agency today ordered Molycorp Minerals, LLC, to pay a $27,300 penalty for improper management of hazardous waste at its San Bernardino County mine and mineral processing facility. The violations were ...
Tags: EPA, Certification
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The World Trade Organization Has Ruled in Favour of The US
Mar 30, 2014The World Trade Organization has ruled in favour of the US, Europe and Japan in a dispute with China over its export restrictions on rare earth. China's rare earth industry – responsible for almost 90% of global output – ...
Tags: Rare Earth, rare earth export
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Demand for Molycorp's Rare Earth Products Is Returning to More Normalized Levels
Mar 7, 2014Demand for Molycorp’s rare earth products “appears to be returning to more normalized levels, albeit at a subdued pace, as customers have been reducing inventories and adjusted their purchasing plans accordingly, Molycorp CEO ...
Tags: Rare Earth, Molycorp
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China Extracts Over 97% of All Rare Earths
Jan 9, 2014China extracts over 97% of all rare earths. These minerals are at the core of U.S. defense, industrial, and consumer goods technologies. They are used in everything from mobile commucations and sensing devices to wind turbines. China has ...
Tags: Electronic News, Electrical News, Rare Earth
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China's Rare Earth Export Quota Policy May Be Changed If WTO Win Lawsuit
Aug 27, 2013The WTO lawsuit is expected to reach a verdict at the end of this year. Members of the Chinese Society of Rare Earths (CSRE) and Association of Rare Earth Industry (ACREI) have expressed that China has a high chance of losing the lawsuit ...
Tags: Rare Earth, Metallurgy, Mineral, Energy
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Shares of Molycorp Plunged More Than 22% to $8.33 in Heavy Volumes
Jan 11, 2013Disposing of dysprosium, terminating terbium, eliminating europium and nixing neodymium Shares of Molycorp (NYSE:MCP) plunged more than 22% to $8.33 in heavy volumes on Thursday after the rare earth miner served up more bad news to ...
Tags: dysprosium, terminating terbium, eliminating europium, nixing neodymium
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Molycorp Are Leading Re Ticking Higher Early Amid New 2013 Rare Earth Quotas Set in China
Jan 7, 2013Molycorp(NYSE:MCP)are leading re ticking higher early amid new 2013 rare earth quotas set in China over the weekend. China's Ministry of Land and Resources(MLR),announced that the first production quota for rare earths this year will be ...
Tags: REE stocks, MLR, export quotas, China
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Molycorp Revealed It Was Under Investigation From The United States SEC
Jan 7, 2013Shares of rare earth miner Molycorp Inc. (NYSE:MCP) were falling Thursday morning as the company’s president and chief executive, Mark Smith, left without explanation and the company revealed it was under investigation from the United ...
Tags: rare earth, Molycorp Inc, company news, mining
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Molycorp Has Seen Its Share Price Sink to Abysmal Lows Following Numerous Problems in 2012
Jan 7, 2013Molycorp (NYSE:MCP) has seen its share price sink to abysmal lows following numerous problems in 2012, leaving the American rare earth producer a highly appealing takeover target. Bloomberg reports that Molycorp, which owns the USA's ...
Tags: Molycorp, share price, rare earth, America
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Partnerships Between End-Users and Mining Companies May Just Be The Secret Weapon
Jan 5, 2013China's sudden cuts to rare earth export quotas and domestic production marked the beginning of a Rare Earth Economic War, proposes Jacob Securities' Senior Mining and Metals Analyst Luisa Moreno. The good news is that partnerships between ...
Tags: Rare Earth, interview
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The Rare Earth Universe Is Made up of Four or Five Distinct "Critical Rare Earth" Markets
Jan 4, 2013There is no single rare earth element market. Instead, the rare earth universe is made up of four or five distinct "critical rare earth" markets that should be the focus for investors today. Even with new mine supply and refining capacity ...
Tags: Jack Lifton, rare earth element market, Metallurgy, Mineral
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Reuters Reports The Court Action Would Force The Government to Review Its Decision
Dec 26, 2012Malaysian residents opposed to a rare earths processing facility have launched a legal challenged that threatens to delay the project put forward by Australia's Lynas Corp. Reuters reports the court action would force the government to ...
Tags: Lynas Corp, Malaysia, Rare Earth, Metallurgy