Neo Material Tech shareholders agree to Molycorp takeover, but what they really wanted was the cash

Shareholders of Canadian rare earths processor Neo Material Technologies Inc., unanimously approved the takeover bid by Molycorp on Thursday, creating the industry's first integrated mines-to-magnets supplier. Under the terms of the deal Neo Material stockholders had the option to either...

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