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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 ...
Molycorp announced plans to spend $500 million to reopen and expand the mine, and on July 29, 2010, it raised about $400 million through an initial public offering, selling 28,125,000 shares at $14 under the ticker symbol MCP on the New York Stock Exchange.
It's been an up-and-down year for Molycorp (NYS: MCP) in 2011.The company ended 2010 on a high note as one of the year's best IPOs. But this year, the stock is down 32.2%, and there is a lot less ...
To those who observed with awe Molycorp's (NYS: MCP) astonishing five-bagger run within the first year after its 2010 initial public offering, the current share price would appear to have no context.
MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States. [10] The rare earth materials industry is dominated by China, which produces 60% of the world's rare earth ...
Molycorp will release its quarterly report on Thursday, and investors have never been more downbeat on the company's prospects, having bid the stock down to its lowest levels since the rare-earth ...
Rare-earth metals producer Molycorp has performed terribly in 2013, with the stock falling just less than 50% since the beginning of the year. Even when you put that performance in the context of ...
There doesn't seem to be any relief from the continued downward pressure on Molycorp (NYS: MCP) and other potential rare-earth-mineral miners. Prices have been falling, which has had a huge impact ...