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Molycorp spends $114 million to accelerate rare earth production by three months

Michael Allan McCrae | October 23, 2011 | 5:12 pm Battery Metals Europe Rare Earth 

Molycorp (NYSE:MCP), the only rare earth producer in the Western hemisphere, announced on Thursday that it plans to spend $114 million to accelerate by three months the start-up of its rare earth processing facility. Molycorp's stock slid on Thursday after...

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