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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 ...
In 2008, Chevron sold the mine to privately-held Molycorp Minerals LLC, a company formed to revive the Mountain Pass mine. 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 ...
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 ...
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.
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 ...
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. ... The latest deal is a debt and stock offering that ...
The Climax mine, located in Climax, Colorado, United States, is a major molybdenum mine in Lake and Summit counties, Colorado. Shipments from the mine began in 1915. At its highest output, the Climax mine was the largest molybdenum mine in the world, and for many years it supplied three quarters of the world's supply of molybdenum.