More Tough Times Ahead for Molycorp (REE, AVL, REMX)
ThinkstockOnce 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 the decline…
ThinkstockOnce 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 the decline…
They say that there is an exchange traded fund for just about every investment strategy out there. So how about a “pure gun” ETF? There are aerospace and defense ETFs, but not…
China’s ministry of commerce raised its rare earth minerals export quotas for 2012 to nearly 31,000 tons yesterday, up from just over the previous limit of just over 30,000 tons. The increase…
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 own downstream…
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 Mineral Resource…
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 range of…
Given the relative scarcity and high cost of rare earth minerals, it’s only natural that companies that currently depend on the stuff would search for substitutes. And if anything is going permanently…
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 minerals which…
Molycorp Inc. (NYSE: MCP) is nothing short of an odd stock in an even more odd industry. Most investors and most in the public might not even understand what rare earth elements…
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 feasibility study…
Word of a case being filed at the World Trade Organization is going to have rare earths back in focus. The Obama administration is set to be bringing a case against China…
After the markets closed yesterday, rare earths miner Molycorp Inc. (NYSE: MCP) announced that it had agreed to acquire Toronto-listed Neo Materials Technologies Inc. for CDN$1.3 billion, or about CDN$11.30/share, a 40%…
Molycorp, Inc. (NYSE: MCP) is getting a second look this morning. Morgan Stanley is noting that rare earth minerals may have now bottomed out in price after a 25% drop. The belief…
The world of rare earth metals is getting stranger… A law firm called Robbins Geller Rudman & Dowd LLP has filed a class action suit against Molycorp, Inc. (NYSE: MCP). Allegations are…
Molycorp, Inc. (NYSE: MCP) is being punished today on news which some would argue is very mixed. J.P. Morgan decided to lower its price target and earnings estimates for Molycorp. The new…