Molycorp becomes takeover target as market capitalization sinks below net assets

Molycorp (NYSE:MCP) has seen its share price sink to abysmal lows following numerous problems in 2012, leaving the American rare earth producer a highly appealing takeover target. Bloomberg reports that Molycorp, which owns the USA's largest deposit of rare earth...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now