Higher Prices Help Molycorp Adjusted Q1 Profit
Reuters reported that Molycorp (NYSE:MCP) announced a sharp increase in quarterly profit due to higher rare earth prices.
Articles Tagged "NYSE:MCP"
Overview of Molycorp Californian Rare Earth Deposit
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.
China Rare Earth Hoarding Boosts Molycorp and Rare Element
Paragon Report released research on the rare earth industry, Molycorp (NYSE:MCP), and Rare Element Resources (AMEX:REE).
Molycorp Increases Rare Earth Reserve Estimate
Reuters reported that Molycorp (NYSE:MCP) increased the rare earth reserve estimate for the California-based Mountain Pass mine.
Molycorp Viewed as Inexpensive Takeover Target
Bloomberg reported that Molycorp (NYSE:MCP) is being seen as undervalued, making it an attractive takeover target.
Molycorp Looking to Increase Returns with Neo Materials Takeover
Bloomberg reported that Molycorp's (NYSE:MCP) takeover of Neo Material Technologies (TSX:NEM) is a move designed to boost shareholder value.
Molycorp Purchasing Neo Material Technologies
Molycorp (NYSE:MCP) announced its acquisition of Neo Material Technologies (TSX:NEM) for $1.3 billion.
Demand for Rare Earths May be Boosted by China
The Paragon Report reported research on Great Western Minerals Group (TSXV:GWG) and Molycorp (ASX:MCP), as well as the state of the rare earth industry.
Molycorp Profits Up on Increased Rare Earth Demand
Bloomberg reported that Molycorp (NYSE:MCP) posted profits that beat analyst estimates as rare earth demand increased due to lower prices.
Molycorp Facility to Reach Near Zero Wastewater
Environmental Leader reported that Molycorp (NYSE:MCP) said its new Mountain Pass facility in California will have almost no discharge of wastewater.
