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March 14, 2013
16:15 EDTMCPMolycorp expects 1H13 results to be 'slightly weaker' than 2H12
This is outlook due to typical seasonality resulting in slow global rare earth sales in Q1 combined with the expectation that its Mountain Pass Facility will not achieve full-scale commercial production until mid-year 2013. The company expects global supply and demand for rare earth oxides will approach a healthier balance during 2013, and pricing within many key applications of rare earths will be beneficial to both customers and suppliers. The company's 2013 demand forecasts are relatively robust for the following downstream markets: automotive catalysts, fluid cracking catalysts, and the automotive and small battery sectors. Weaker or negative near-term growth is forecast in the multi-layer ceramic capacitor, glass polishing, and neodymium-iron-boron magnet sectors.
News For MCP From The Last 14 Days
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July 25, 2014
06:50 EDTMCPChina to raise rare earth quotas, China Daily says
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July 21, 2014
05:54 EDTMCPStocks with implied volatility movement; MPEL MCP
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July 17, 2014
05:59 EDTMCPMolycorp implied volatility of 115 at upper end of index mean range
July 15, 2014
08:15 EDTMCPMolycorp weakness creates buying opportunity, says DA Davidson
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July 14, 2014
13:14 EDTMCPMolycorp mentioned positively at DA Davidson

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