Saturday, February 04, 2012

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Please note: We may link to external sites to illustrate news reports or other information that is external to Molycorp. Links to external servers and/or content on those servers do not imply any official Molycorp endorsement of the opinions or ideas expressed therein, nor do such links guarantee the validity of the information provided.


Molycorp Secures 78% of Phase 1 Rare Earth Production in Customer Agreements and XSORBX™ Production
Molycorp
Molycorp, Inc. announced today that 78 percent of its Phase 1 rare earth production from its new Mountain Pass, California manufacturing facility, which comes online in 2012, has now been secured by signed customer agreements or has been committed to production of the Company's XSORBX™ water treatment products. Read More.

Rare earth prices to stay high for years
South China Morning Post
 Read More.

Doubling Demand for Rare Earths Seen Pushing Prices Up in 2012
International Business Times
The various and extensive use of permanent magnets in electronic gadgets, radars, hybrid cars, energy efficient solar panels and wind turbines will continuously push the demand and price for rare earths in 2012. Read More.

Supply of Critical Rare-earth Elements About to Expand
IDG News / PCWorld
There are rare-earth elements in your computer, digital camera, television, smartphone, in the batteries of hybrid vehicles, in long-lasting lightbulbs and serving as critical magnets in guided missiles.Yet the available supply of rare-earth elements has been cut in the past few years. Read More.

Boulder Wind Power funded to design better wind turbine
Boulder County Business Report
Take a look at the wind turbines at the National Wind Technology Center on the bluff overlooking south Boulder County. You'll see a marvel of modern engineering - but you might also be looking at technology about to be overtaken by something better. Read More.

Molycorp speeds up plan to boost rare earth supply
Reuters
Molycorp, the largest supplier of rare earths outside of China, will open a California processing plant months ahead of schedule, easing the threat to Western manufacturers posed by Chinese export controls. Read More.

Molycorp aims to reassure manufacturers of adequate HREE supplies
Mineweb
Lately it appears that news about Denver-area-based rare earths producer Molycorp seems to be everywhere, but with good reason. Molycorp wanted to send a signal to manufacturers considering a move to China that there will be adequate supplies of heavy rare earths outside of China. Read More.

Molycorp is developing new rare earth deposit
Reuters
Molycorp is developing a new deposit near its Mountain Pass mine in California that could enable the company to produce more of the valuable heavy rare-earth metals used in hybrid cars and wind turbines. Read More.

Molycorp Set to Announce a Rare Earth Rediscovery
New York Times
An all-but-forgotten rocky outcropping in Southern California contains ore that could help break the country’s dependence on China for certain types of rare earth metals, according to the only American producer of rare earths.
 Read More.

How High Rare-Earth Prices Can Be Magnetic
Wall Street Journal
China is trying to make itself magnetic to industrial consumers of rare-earth elements, and it may attract a key customer. Read More.



 

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