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January 10, 2013
07:52 EDTMCPMolycorp says Phase 2 at Mountain Pass to wait for demand, returns justification
Molycorp said its Mountain Pass complex is designed to be able to allow for expanded production to a "Phase 2" rate of as much as 40,000 mt/year of rare earth oxide equivalent. However, the company stated that, while most of the equipment necessary to complete Project Phoenix Phase 2 is already on site, the decision to complete Phase 2 construction and start-up will not be made until market demand, product pricing, capital availability, and financial returns justify additional increases in production beyond Phase 1.
News For MCP From The Last 14 Days
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April 16, 2015
06:35 EDTMCPMolycorp rally yesterday 'way overdone,' says JPMorgan
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April 15, 2015
16:01 EDTMCPOptions Update; April 15, 2015
iPath S&P 500 VIX Short-Term Futures down 49c to 21.90. Option volume leaders: AAPL NFLX C PBR KMI RIG MCP TWTR GILD BAC according to Track Data.
09:08 EDTMCPOn The Fly: Pre-market Movers
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07:14 EDTMCPMolycorp selected by Siemens to supply rare earth materials
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