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Molycorp Reports Fourth Quarter & Full Year 2013 Financial Results

For Release: 4:01 p.m. Eastern, March 3, 2014 HIGHLIGHTS:The Company announced that the Chlor-Alkali plant at its Mountain Pass, California rare earth facility has successfully completed commissioning and is now operational, which facilitates increased production volumes at lower production costs. The Company reported fourth quarter product sales volume of 3,201 metric tons (mt), a 12% decrease over […]

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Molycorp Declares Preferred Dividend and Announces Mandatory Conversion of Series A Preferred Stock

GREENWOOD VILLAGE, Colo. (February 5, 2014) – Molycorp, Inc. (NYSE: MCP) today announced 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, 2014 to […]

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Molycorp’s Tantalum Smelter Facility Gains Certification Under “Conflict Free Smelter” Program

For Release: 4:01 p.m., January 30, 2014Greenwood Village, CO (January 30, 2014) — Molycorp, Inc. (NYSE: MCP) announced today that its tantalum smelter facility in Sillamӓe, Estonia, has been certified by the Electronic Industry Citizenship Coalition (EICC) and the Global e-Sustainability Initiative (GeSI) as compliant with the Conflict Free Smelter (CFS) program assessment protocol. Certification […]

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Molycorp Completes Commissioning of Rare Earth Cracking Facility

For Release: 7 a.m. Eastern, December 19, 2013Greenwood Village, CO (December 19, 2013) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced that the final unit of its multi-stage Cracking Plant at Mountain Pass has now completed commissioning and is operational.The Cracking Plant is part of a multi-stage chemical process designed to increase […]

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Molycorp (NYSE: MCP) Reports Third Quarter 2013 Financial Results

HIGHLIGHTS:Total volume amounted to 3,620 metric tons (mt), a 19% increase over the second quarter, at an average selling price (ASP) of $41.18 per kilogram.  Net revenues for the quarter were $149.1 million, up 9% from the second quarter of the year. The Company reported a net loss of $0.43 per share for the quarter. The […]

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Molycorp to Report Third Quarter 2013 Financial Results on November 7

Conference call to follow at 4:30 p.m. EasternGREENWOOD VILLAGE, Colo. (October 22, 2013) — Molycorp, Inc. (NYSE: MCP) today announced that it will release financial results for the third quarter ended September 30, 2013, after the market closes on Thursday, November 7, 2013. Release of Molycorp’s financial results will be followed by an investor conference […]

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Molycorp Announces the Successful Close of its Offering of Common Stock

For Release: 4:01 p.m. Eastern, October 21, 2013GREENWOOD VILLAGE, Colo. (Oct. 21, 2013) — Molycorp, Inc. (NYSE: MCP) (the “Company”) today announced the closing of its previously announced registered public offering of 51,750,000 shares of its common stock (“Shares”), which included the issuance of 6,750,000 Shares as a result of the underwriters’ exercise in full […]

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Molycorp Prices Offering of Common Stock

GREENWOOD VILLAGE, Colo. (Oct. 15, 2013) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced the pricing of its previously announced registered public offering of 45,000,000 shares of its common stock (the “Common Stock”) (or up to an aggregate of 51,750,000 shares of Common Stock if the underwriters of such offering exercise their […]

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Molycorp Announces Proposed Offering of Common Stock

Molycorp Announces Proposed Offering of Common StockGREENWOOD VILLAGE, Colo. (Oct. 15, 2013) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced that it intends to offer and sell, subject to market and other conditions, up to $200,000,000 of its common stock (the “Common Stock”) (or up to an aggregate of $230,000,000 of Common […]

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Molycorp Names Industry Veteran Geoff Bedford as Next President and CEO

For Release: 7:30 a.m. Eastern, October 8, 2013Greenwood Village, CO (7:30 a.m. Eastern, October 8, 2013) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today named Geoff Bedford, the Company’s current Executive Vice President and Chief Operating Officer and a 14-year rare earth industry veteran, as the Company’s next President and Chief Executive Officer. […]

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