Molycorp Mining News

Only producing U.S. rare earths mine goes on the block

The gavel is coming down on Mountain Pass tomorrow, as the only producing rare earths mine in the United States goes up for auction.

Russian-born billionaire has US rare earths mine in his sights

It's the kind of announcement that will raise hackles among U.S. nationalists and especially those concerned about the loss of control of America's strategic mineral resources.

Will permanent magnets save the rare earth industry?

The permanent magnet and catalyst sectors will continue to provide the largest markets for rare earths in the next ten years to 2026.

Molycorp thrown a lifeline

Bankrupt Molycorp (OTCMKTS:MCPIQ) has been offered a vital loan to keep its Mountain Pass mine under care and maintenance.

Molycorp bankruptcy gets messy

Bondholders left holding the bag for bankrupt Molycorp (NYSE:MCP) are unhappy with the latest turn of events in bankruptcy proceedings.

Creditors of bankrupt rare earths miner Molycorp reach deal

Should help clear the way for the company to exit bankruptcy.

China gets tougher on illegal mining, exporting of rare earths

Beijing to set up tracing system to determine and certify the origin of the materials.

Molycorp restructure plan includes asset sales

The beleaguered rare earths producer has announced a plan to restructure that may include the sale of its Mountain Pass mine in California.

Rare earth producers say illegal mining in China responsible for low prices

As a result, all rare earths producers inside and outside China are facing extremely challenging conditions, say insiders.

US company to begin recovering rare earths from old electronics

U.S. Rare Earths Inc. will apply a new method that assists in the recycling, recovery and extraction process of the coveted elemenst, used as ingredients in magnets, batteries, catalytic converters and high-tech products

Molycorp shuts down Mountain Pass rare earth plant

The former superstar of rare earths mining said it has decided to put the California facility on "care and maintenance" mode by Oct. 20 due to weak prices.

Most Chinese rare earth miners running at a loss — report

About 90% of China’s rare earth producers are currently operating at a loss as prices for the coveted elements continue to drop due to a global glut and illegal mining.

Survival of the fittest — what to expect for rare earth miners outside China

While analyst predict a rebound in hard-hit rare earth prices later this year, it is still unclear whether companies outside China, the world’s largest producer, will be able to challenge its dominance.

US Gov’t offers $20 million to projects aimed at recovering rare earths from coal

The National Energy Technology Laboratory (NETL) has been investigating the economic feasibility of recovering the coveted elements from coal.

Molycorp stock collapses after missing $32.5M interest payment

Skipping the loan repayment could lead to the U.S. rare earths miner bankruptcy.

China scrapping rare earth export tax will boost demand — Lynas

Beijing had been widely expected to eliminate tariffs and quotas on rare earth shipments after a World Trade Organization panel branded them discriminatory last year.

Molycorp to supply rare earths for use in high-efficiency Siemens wind turbine generators

Molycorp will supply Siemens with rare earth materials over the next 10 years.

Scepticism grows over North Korea’s massive rare earth discovery

Experts are raising questions about the legitimacy of North Korea's estimated reserves of rare earths, used from computers to cars and defense missiles.

Investors believe end nigh for cult stock Molycorp

Once a $70 share, Molycorp investors on Tuesday were dumping holdings at 49c after cash burn rate showed maybe two quarters left without injection.

Molycorp tanking after wider loss

Better production numbers at its California mine couldn't stop the red ink at rare earth miner.

Molycorp rallies 44%

Production nearly doubles quarter on quarter.

Molycorp tanks after results

Shares down 19% after hours after production at its Mountain Pass rare earth mine in California slumps 58% and costs more than double.

Bargain hunters drive Molycorp shares 11% higher

US rare earth miner up sharply from historic lows in heavy volume.

Battered Molycorp investors shrug latest setback

Morgan Stanley downgrades rare earth miner over predictions of huge revenue shortfall.

Molycorp shares tank on Q1 results

Average selling price for Colorado rare earth miner's products continue to slide – 20% below 2013.