Mineweb reported that on Monday, the US Environmental Protection Agency (EPA) fined Molycorp Inc. (NYSE:MCP) US$27,300 for not properly managing hazardous waste at its California-based Mountain Pass facility.
Articles Tagged "california"
Rumors are rife that Molycorp’s recent fall below its net asset value might very well turn the high-potential firm into a prime takeover target.
In a move that may spur China to green its rare earth operations, Molycorp has announced a new environmentally-friendly method of extracting rare earths.
The Mountain Pass rare earth deposit in California has a rich and colorful history. The deposit’s latest resource estimate has ensured that those within the market will be watching the project closely over the coming months.
Reuters reported that Molycorp (NYSE:MCP) increased the rare earth reserve estimate for the California-based Mountain Pass mine.
Environmental Leader reported that Molycorp (NYSE:MCP) said its new Mountain Pass facility in California will have almost no discharge of wastewater.
Mining Weekly reported that Molycorp (NYSE:MCP) will begin the startup of its California-based Mountain Pass mine this week.
Molycorp, Inc. (NYSE:MCP) announced that 78% of its Mountain Pass rare earth production is now committed.
Mineweb reported that Molycorp's (NYSE:MCP) Phoenix project will ramp up three months sooner so it can meet exploding rare earth demand.
Platts reported that Molycorp's (NYSE:MCP) California rare earth facility is expected to start up three months early.