More Tough Times Ahead for Molycorp (REE, AVL, REMX)
Once an investor’s darling, Molycorp Inc. (NYSE: MCP) has not aged well. The rare earths miner’s shares hit a post-IPO high of around $75 a share in April 2011, but ...Read Full Story »
Posted: March 15, 2013 at 7:55 am
Once an investor’s darling, Molycorp Inc. (NYSE: MCP) has not aged well. The rare earths miner’s shares hit a post-IPO high of around $75 a share in April 2011, but ...Posted: January 10, 2013 at 8:12 am
In an announcement that its new manufacturing complex at Mountain Pass, Calif., is now operational and ramping production, Molycorp Inc. (NYSE: MCP) glossed over a few more basic issues. The ...Posted: August 2, 2012 at 4:40 pm
Molycorp Inc. (NYSE: MCP) reported a second quarter adjusted EPS loss of $0.03 and $107.6 million in revenue after markets closed today. Adjusted EPS for the same period a year ...Posted: July 13, 2012 at 9:21 am
Led by the country’s largest producer of rare earth minerals, China is reported to be preparing the launch of a spot trading platform for rare earth minerals on August 8th. ...Posted: July 11, 2012 at 10:03 am
The current slump in prices for rare earth minerals despite a Chinese curb on exports could turn around in a couple of years if the Chinese succeed in developing their ...Posted: July 10, 2012 at 10:45 am
Rare earths miner Avalon Rare Metals Inc. (NYSEMKT: AVL) today reported the results of a resource estimate for its Nechalacho Deposit in Canada’s Northwest Territories. The report shows a Measured ...Posted: July 9, 2012 at 2:23 pm
Rare earth minerals miner Molycorp Inc. (NYSE: MCP) held its IPO just less than two years ago, in late July 2010, at an offering price of $14/share, below the anticipated ...Posted: June 20, 2012 at 8:30 am
In March the US, the European Union, and Japan filed complaints with the World Trade Organization (WTO) accusing China of violating free trade rules by limiting exports of rare earth ...Posted: May 8, 2012 at 2:07 pm
The trend from rare earth moves usually seems to be like a China-regulatory move, but that is not the case today. We have an emerging player which has delayed a ...Posted: November 11, 2011 at 3:01 pm
In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor ...Posted: October 4, 2011 at 12:59 pm
When rare earth minerals miner Molycorp Inc. (NYSE: MCP) re-opened California's Mountain Pass mine last year, the focus was on a variety of minerals known as the "light" rare earths. ...Posted: September 7, 2011 at 1:37 pm
US rare earths miner Molycorp, Inc. (NYSE: MCP) has had its ups and downs since going public in July of last year. Mostly ups, of course, though the current price ...Posted: August 12, 2011 at 9:55 am
Rare earth minerals miner Molycorp Inc. (NYSE: MCP) reported second quarter earnings last night that topped analysts' estimates, and shares are trading more than 10% higher in the pre-market this ...Posted: July 14, 2011 at 10:36 am
China's Ministry of Commerce has released a statement saying that the government has raised export quotas for rare earth elements to over 30,000 metric tons for 2011, virtually identical with ...Posted: July 5, 2011 at 3:25 pm
The announcement that Japanese scientists have found high concentrations of rare earth minerals on the Pacific Ocean sea bed could be far less than meets the eye. The report estimates ...