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In 1958, it became owned by American Potash and Chemical Company (AMPOT), [11] which at one point had a 'Lindsay Chemical Division.' [4] In 1967, AMPOT, and thus the facility, were bought by Kerr-McGee. The Rare Earths Facility were closed by Kerr-McGee in 1973.
MP Materials produced 28,000 tonnes of rare-earth oxide equivalent from Mountain Pass in 2019, and 38,500 tonnes in 2020, or more than 15% of global production. [4] As of late 2020, Shenghe Resources was the sole purchaser of MP Material's rare earth concentrate.
American Elements began as a toll chemical manufacturer and refiner serving U.S. mining companies by producing metal-based chemicals from their deposits. In 1998, its two largest customers, the Unocal/Molycorp rare-earth mine in Mountain Pass, California, and the Rhodia rare-earth refinery in Freeport, Texas closed, ending domestic U.S. rare-earth production. [2]
MP Materials CEO James Litinksy joins Yahoo Finance Live to discuss the rare-earth materials company's deal with General Motors (GM) to manufacture magnets needed for EV engines and the supply ...
The Mountain Pass Rare Earth Mine and Processing Facility, owned by MP Materials, is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range in California, 53 miles (85 km) southwest of Las Vegas, Nevada. In 2020 the mine supplied 15.8% of the world's rare-earth production.
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A Peoria homestead will be featured in an episode of "American Pickers" airing at 8 p.m. Wednesday, Feb. 28, on the History Channel. All told, the pickers drove away with over 20 items at a price ...
Molycorp Inc. was an American mining corporation headquartered in Greenwood Village, Colorado. [1] The corporation, which was formerly traded on the New York Stock Exchange, [2] owned the Mountain Pass rare earth mine in California. It filed for bankruptcy in June 2015 after changing competitive circumstances, declining prices on output and a ...