Press releases Molycorp
April 2012 April 09 Molycorp's Rare Earth Reserves at Mountain Pass Increase by 36% March 2012 March 12 Molycorp Announces Completion of $ 390 Million Strategic Investment from Molymet March 08 Molycorp to Acquire Leading Rare Earth Processor Neo Material Technologies in $ 1.3 Billion Deal February 2012 February 23 Molycorp Reports Record Fiscal Year 2011 Results […]
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Molycorp To Receive $ 390 Million Strategic Investment From Molymet
Molycorp To Receive $ 390 Million Strategic Investment From Molymet Investment is Slated to Fuel Future Growth and Pursuit of Molycorp's Vertical Integration Plans GREENWOOD VILLAGE, Colo .– (BUSINESS WIRE) –Feb. 1, 2012– Molycorp, Inc. (NYSE: MCP) announced today that Molibdenos y Metales SA (Molymet), the world's largest processor of the strategic metals molybdenum and rhenium, has agreed to invest approximately $ 390 million in Molycorp in exchange for [… ]
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Molycorp Declares Preferred Dividends
Molycorp Declares Preferred Dividends GREENWOOD VILLAGE, Colo. - (BUSINESS WIRE) - Feb. 2, 2012– Molycorp, Inc. (NYSE: MCP), announced today that its Board of Directors has elected to declare a cash dividend on outstanding shares of its 5.50% Series A mandatory convertible preferred stock in an amount equal to $ 1.375 per share. Molycorp will pay the dividend on March 1, 2012 to the holders of record of [...]
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Molycorp to Fourth Quarter and Full Year Report 2011 Financial Results on February 23
Molycorp to Report Fourth Quarter and Full Year 2011 Financial Results on February 23 Conference Call to Follow at 4:30 pm Eastern GREENWOOD VILLAGE, Colo .– (BUSINESS WIRE) –Feb. 13, 2012– Molycorp, Inc. (NYSE: MCP) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2011, after the market closes on Thursday, February 23, 2012. Release of [… ]
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Molycorp to Launch Sequential Start-up of New, State-of-the-Art Rare Earth Manufacturing Facility This Week
Molycorp to Launch Sequential Start-up of New, State-of-the-Art Rare Earth Manufacturing Facility This Week Earlier Than Expected Start Up Strengthens Company's Positioning for an On Time Ramp To Phase 1 Production Later This Year GREENWOOD VILLAGE, Colo. - (BUSINESS WIRE) - Feb. 21, 2012– Molycorp, Inc. (NYSE: MCP) today announced that the sequential start-up of the new Project Phoenix rare earth manufacturing facility […]
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Molycorp's Rare Earth Reserves at Mountain Pass Increase by 36%
Molycorp's Rare Earth Reserves at Mountain Pass Increase by 36% GREENWOOD VILLAGE, Colo. - (BUSINESS WIRE) - Apr. 9, 2012– Molycorp, Inc. (NYSE: MCP) today announced that its proven and probable reserves of rare earth minerals at its Mountain Pass, Californiafacility have increased by 36 percent, according to a new independent estimate. The updated estimate, based on the SEC's rigorous "Industry Guide 7" definition of proven and [...]
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Molycorp Announces Completion of $ 390 Million Strategic Investment from Molymet
Molycorp Announces Completion of $ 390 Million Strategic Investment from Molymet GREENWOOD VILLAGE, Colo .– (BUSINESS WIRE) –Mar. 12, 2012– Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced the closing of its previously announced placement of 12.5 million shares of Molycorp common stock with Molibdenos y Metales SA (Molymet), for approximately $ 390 million. "I am pleased to see the successful closing of this transaction, as [...]
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Molycorp to Acquire Leading Rare Earth Processor Neo Material Technologies in $ 1.3 Billion Deal
Molycorp to Acquire Leading Rare Earth Processor Neo Material Technologies in $ 1.3 Billion Deal Transaction Will Create Global, Vertically Integrated Rare Earth Technology Leader and Give Molycorp aGreater Range of Products and Increased Sales Opportunities Across AsiaTRANSACTION HIGHLIGHTS The transaction will combine Molycorp's world-class rare earth resource and low-cost production from its Project Phoenix with Neo's [...]
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Molycorp Reports Fiscal Year 2011 Results
Molycorp Reports Record Fiscal Year 2011 Results HIGHLIGHTS: Molycorp announced this week the successful launch of the sequential start-up of its new Project Phoenix rare earth manufacturing facility at Mountain Pass, which is ahead of schedule. The Company confirmed that Project Phoenix remains on its accelerated schedule, with a target of achieving a Phase 1 [...]
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Molycorp: Significant reserves increase
Molycorp: Significant Reserve Increase 16.04.2012/36/XNUMX Greenwood Village - The American rare earth producer Molycorp recently published its latest estimates of the company's reserves. And these can definitely be seen. After all, the rare earth reserves in the Mountain Pass mine rose by a remarkable XNUMX percent. As the company announced, the company currently has proven and probable reserves in the amount of [...]
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