Molycorp, a Rare Earth Mining Firm, Is to Merge With a …
The two main rare earth mining companies in the West are Molycorp, which is headquartered in Greenwood Village, Colo., and recently bought a small rival in Estonia, and Lynas, which is based in ...
Creditors of bankrupt rare earths miner Molycorp …
Creditors of Molycorp Inc have reached a deal to divide up the value of the largest U.S. producer of rare earth materials, which should help clear the way for the company to exit bankruptcy.
Molycorp to Acquire Leading Rare Earth Processor Neo …
The addition of Neo Materials' expertise also will provide entry for Molycorp into customer segments requiring value added, rare earth and rare metal production capabilities – up to 99.99999% ...
Molycorp to acquire leading rare earth processor …
The transaction will combine Molycorp's world-class rare earth resource and low-cost production from its ProjectPhoenix with …
Why rare-earth mining in the West is a bust
Molycorp's Mountain Pass rare-earth facility in California's Mojave Desert. Credit: John Gurzinski The other strain of thought is more pessimistic, and typified by the 60 Minutes report.
A once-shuttered California mine is trying to …
Since then, MP Materials has been steadily ramping up rare-earth production at Mountain Pass, generating 14,000 tons of rare-earth oxides in 2018, and 28,000 tons the following year. Last year ...
Molycorp Announces Start-Up of Heavy Rare Earth Concentrate Operations
About Molycorp, Inc. Molycorp is a leading rare earths and rare metals company, and combines a world-class rare earth resource at Mountain Pass, California, with advanced, high-purity rare earth ...
Rare-earth mining company replaces CEO amid SEC probe
Molycorp Chief Executive Mark Smith looks over the company's 2,222 acre rare-earth mining and processing operation in Mountain Pass, Calif., this summer. Jay Greene/CNET. Mark Smith, the chief ...
About MP Materials
Our Mission is to restore the full rare earth supply chain to the United States of America. MP Materials owns and operates Mountain Pass, the only integrated rare earth mining and processing site in North America. Our success will drive the onshoring of jobs, national security and a carbon-reduced future.
Neo Materials, Neo Performance Materials, Industrial Materials
A t Neo, our advanced industrial materials enable a wide array of everyday and emerging technologies. Our materials deliver a range of powerful properties to the products in which they are used, including magnetic, catalytic, luminescent, electrochemical, thermal stability, and superconductive. Neo's products lie at the heart of many of the ...
California rare earths miner races to refine amid U.S.-China …
By next year, MP Materials aims to be the first U.S. company to refine rare earths since 2015 when Molycorp Inc, the former owner of California's Mountain Pass mine, went bankrupt, executives said ...
Cautionary Rare Earths Tale Found in Molycorp's Rise and …
Molycorp attempted a strategic pivot by acquiring Neo Material Technologies Inc., a Canadian metals processor, for $1.2 billion in 2012. But relentless rare earth deflation was ultimately the death knell for Molycorp. It couldn't eke out sustained profitability, and by early 2015 it was talking to debt-restructuring advisers.
A Visit to the Only American Mine for Rare Earth Metals
Molycorp is the only US company that produces the rare earth metals used in devices ranging from wind turbines and electric vehicles to missile-guidance systems and compact fluorescent lightbulbs ...
History and Future of Rare Earth Elements
The rare earths are 17 metallic elements, located in the middle of the periodic table (atomic numbers 21, 39, and 57–71). These metals have unusual fluorescent, conductive, and magnetic properties—which make them very useful when alloyed, or mixed, in small quantities with more common metals such as iron. Geologically speaking, the rare ...
Rare Earth Mining Firm Molycorp Files to Go Public
Give us $350 million to dig for rare earth elements. Michael Kanellos April 16, 2010. Rare Earth Mining Firm Molycorp Files to Go Public. 7. Molycorp, which wants to mine for rare earth elements ...
Mountain Pass Mine
In 1980, to meet the growing demand for rare earth elements, the company, which had shortened its name to "Molycorp," constructed a 14-mile wastewater pipeline that traveled underground between Mountain Pass and the Ivanpah Dry Lake. California regulators took Molycorp at its word that the pipeline was used solely to transport uncontaminated salty …
Molycorp, Inc. : Molycorp to Acquire Leading Rare Earth …
Transaction Will Create Global, Vertically Integrated Rare Earth Technology Leader and Give Molycorp a Greater Range of Products and Increased Sales Opportunities Across Asia TRANSACTION HIGHLIGHTS The transaction will combine Molycorp's world-class rare earth resource and low-cost production from its Project …
Case Analysis of Molycorp: Financing the Production of Rare Earth
4. 4 | P a g e EXECUTIVE SUMMARY Molycorp is one of the oldest rare earth material producer company that is one of the world largest mining facilities outside of China in the Western Hemisphere Currently the company has 2700 scientist, engineers and skilled workers in 27 locations across three continents. The company was founded in …
Rare earths: Battling China's monopoly
Two major factors are driving the climb: China's six major suppliers' decision to stockpile on 5,000 tons of nine types of rare earth metals this year, and government's plans to create a ...
Rare Earth Miner Molycorp Explains Why It's for Real
Michael Kanellos November 22, 2010. Rare Earth Miner Molycorp Explains Why It's for Real. The sudden stock rise in Molycorp -- which wants to mine rare earth elements in California and...
California Mine Becomes Key Part of Push to Revive US Rare …
The prices of rare earth on the international market were up and Molycorp's stock soared. However, after China started to increase rare earth exports in 2013, the company was struggling to stay ...
Molycorp Inc Stock ()
Molycorp to Move Its Mountain Pass Rare Earth Facility to 'Care and Maintenance' Mode 15-08-26: GL Molycorp, Inc. Secures Court Approval for Net $130 Million in Final DIP Financing and Additional Time to Pursue Plan of Reorganization 15-07-22: GL
Molycorp's Ghost Rises Through Fortress Value Acquisition …
MP Materials is set to become the first listed US rare earths company since Molycorp a decade ago. Ironically, Mountain Pass was also the flagship project of the latter. Ironically, Mountain Pass ...
Molycorp provides investment for rare earth processing facility
Rare earth oxides producer Molycorp will invest an additional $114m in a rare earth processing facility, which is under construction at Mountain Pass in California, …
Mountain Pass Rare Earth Mine Modernisation …
The rare earth mine was discovered in 1949 and the mining claims were sold to Molybdenum Corporation of America in 1952. Large-scale mining was conducted between 1965 and 1995. ... The property …
The collapse of American rare earth mining — and …
Mountain Pass was now sending U.S.-mined rare earth concentrate to China for processing. The dream of a one-stop American rare earths …
The U.S.'s only rare-earth mine files for bankruptcy
Molycorp Mountain Pass rare earth facility in California's Mojave Desert, which has recently filed for bankrupcy. Credit: John Gurzinski In 2010, China artificially raised the price of rare ...
Molycorp: Financing the Production of Rare Earth Minerals …
Molycorp, the western hemisphere's only producer of rare earth minerals, was in the middle of a USD1 billion capital expenditure project in its effort to become a vertically integrated supplier of rare earth minerals, oxides, and metals. Yet it had just reported lower than expected revenues and earnings for the second quarter of 2012.
Molycorp -- sole U.S. rare earth producer -- files for bankruptcy
Molycorp Inc. — the only U.S. producer of rare earth elements used in high-tech communications, transportation and industrial products — filed for Chapter 11 bankruptcy protection amid ...
Molycorp Rare Earth Elements processing USA TRU …
TRU Group Rare Earth Metal REO consultant USA in REE rare-earth-elements and rare-earth-metals Consultancy includes rare-metals engineering, REE-process separation …