China's stranglehold on the rare earth market has been a major problem for the U.S. as the elements are crucial for the manufacturing of popular high-tech products. China currently mines more that 95 percent of the world's rare earth supply, which allows them to manipulate price and availability to the U.S. markets. Five Star Equities examines the [...]
Combines Molycorp's World-Class Rare Earth Resource with the World's Leading Ultra-High-Purity Rare Earth Processing Company, Creating a Vertically Integrated Mine-to-Magnetics Company
Rare Earth stocks after a respectable start to the year have begun to falter. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) is down over 16 percent in the last month. Prices for rare earth in May have fallen roughly 30 percent from the 2011 average according to data from Lynas Corp. The Paragon Report examines investing opportunities in [...]
Molycorp, Inc. (NYSE: MCP) ('Molycorp? or the 'Company?) today announced the pricing of $650 million aggregate principal amount of 10.000% senior secured notes due 2020 in an offering exempt from the registration requirements of the Securities Act of 1933 (the ' ...
China's hoarding of rare earth metals has been a growing problem for the U.S. as the metal is widely used by the U.S. military, and crucial for the manufacturing of popular consumer products. According to a CRS Report in April China currently produces 97 percent of the world's rare earth oxides. The Paragon Report examines investing opportunities [...]
Molycorp, Inc. (NYSE:MCP) ('Molycorp? or the 'Company?) today announced that it intends to offer to sell, subject to market and other conditions, $650 million aggregate principal amount of senior secured notes in an offering exempt from the registration requiremen ...
HIGHLIGHTS: Molycorp initiated the start-up of its new Mill, Flotation Separator, and Paste Tailings Facility at Mountain Pass.
The Company announced a 36% expansion of its proven and probable rare earth reserves at Mountain Pass under the SEC 'Industry Guide 7? methodology, confirming 18.4 million [...]
Molycorp, Inc. (NYSE: MCP), the Western hemisphere's only producer of rare earth oxides (REO) and the largest REO producer outside of China, today announced that its Board of Directors has elected to declare a cash dividend on outstanding shares of its 5.50% Series A mand ...
Rare Earth stocks have been gaining attention this year as China's supply constraints have forced countries to file a complaint with the World Trade Organization. The increasingly high prices and tightening supply chain have been a major problem for the U.S. as the metal is crucial for manufacturing popular products such as disk drives, hybrid cars [...]
Molycorp, Inc. (NYSE:MCP) today announced that its proven and probable reserves of rare earth minerals at its Mountain Pass, California facility have increased by 36 percent, according to a new independent estimate. The updated estimate, based on the SEC's rigo ...