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Molycorp, Inc. Receives Court Approval for $22 Million in Interim Financing to Support Operations

Next Court Hearing to Review Final DIP Financing Set for July 20, 2015Greenwood Village, Col. (July 2, 2015) – Molycorp, Inc. (OTC: MCPIQ), (“Molycorp” or the “Company”) the only global, vertically-integrated producer of rare earth products used in many electronic, transportation, industrial and clean energy applications, reported today that it had received approval from the […]

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Molycorp, Inc. Signs Restructuring Support Agreement with Key Creditors

— Agreement Covers More Than 70% of 10% Secured Noteholders— Company to Complete Restructuring of $1.7 Billion of Debt Through Chapter 11 for U.S., Canadian Operations— Obtains Agreement for Up to $225 Million in New DIP FinancingGreenwood Village, Col. (June 25, 2015) – Molycorp, Inc. (NYSE: MCP), (“Molycorp” or the “Company”) the only global, vertically-integrated […]

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Molycorp and MCP Exchangeco Announce Postponement of 2015 Annual Meetings of Stockholders

GREENWOOD VILLAGE, Colo. (June 23, 2015) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced that, in connection with the Company’s previously announced decision to take advantage of the 30-day grace period on semi-annual interest payments on its 10% Senior Secured Notes due 2020 and 3.25% Senior Unsecured Convertible Notes due 2016, and […]

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Molycorp Elects To Take Advantage of 30-Day Grace Period on $3.36 Million Semi-Annual Interest Payment on its 3.25% Senior Unsecured Convertible Notes Due 2016

For Immediate Release:  9 a.m. Eastern, June 15, 2015GREENWOOD VILLAGE, CO (June 15, 2015) – Molycorp, Inc. (NYSE:  MCP) (the “Company”) announced today that it has elected to take advantage of the 30-day grace period with respect to the approximately $3.36 million semi-annual interest payment due June 15, 2015 on its 3.25% Senior Unsecured Convertible […]

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Molycorp Elects To Take Advantage of 30-Day Grace Period on $32.5 Million Semi-Annual Interest Payment on its 10% Senior Notes Due 2020

For Immediate Release:  9 a.m. Eastern, June 1, 2015GREENWOOD VILLAGE, CO (June 1, 2015) – Molycorp, Inc. (NYSE:  MCP) (the “Company”) announced today that it has elected to take advantage of the 30-day grace period with respect to the $32.5 million semi-annual interest payment due June 1, 2015 on its 10% Senior Secured Notes due 2020, […]

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Molycorp (NYSE: MCP) Reports First Quarter 2015 Financial Results

For Release:  7 a.m. Eastern, May 7, 2015 HIGHLIGHTS:The Company reported higher production volumes in the first quarter of 2015 at its Mountain Pass, California rare earth facility of 1,479 metric tons (“mt”) of rare earth oxide (“REO”) equivalent. This was an 11% increase over the fourth quarter 2014 production of 1,328 mt. The Company reported first […]

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Molycorp Chosen to Supply Rare Earths for Use In High-Efficiency Siemens Wind Turbine Generators

GREENWOOD VILLAGE, CO (April 15, 2015) – Siemens AG (“Siemens”) has selected Molycorp, Inc. (NYSE: MCP) (“Molycorp”) to supply rare earth materials over the next 10 years from its Mountain Pass, California facility for incorporation into Siemens’ high-efficiency, direct drive wind turbine generators.  Molycorp will supply rare earth materials to Shin-Etsu Chemical Co., Ltd. (“Shin-Etsu”), […]

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Molycorp Reports Fourth Quarter & Full Year 2014 Financial Results

For Release:  March 16, 2015HIGHLIGHTS:The Company reported higher production volumes in the fourth quarter of 2014 at its Mountain Pass, California rare earth facility, with 1,328 metric tons (“mt”) of rare earth oxide (“REO”) equivalent production. That compares to 1,034 mt in the fourth quarter of 2013 and 691 mt in the third quarter of […]

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Molycorp (NYSE: MCP) to Report Fourth Quarter and Full Year 2014 Financial Results on March 16, 2015

Investor Conference Call to Follow on Tuesday, March 17, 2015 at 9:00 a.m. EasternGREENWOOD VILLAGE, Colo.  (March 11, 2015) — Molycorp, Inc. (NYSE: MCP) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2014 after the market closes on Monday, March 16, 2015. Release of Molycorp’s […]

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Rare Earth Production Rises in Q4 at Molycorp’s Mountain Pass Facility

For Immediate Release:  7 a.m. Eastern, February 2, 2015GREENWOOD VILLAGE, Colo. (February 2, 2015) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today reported that rare earth production in the fourth quarter of 2014 at its Mountain Pass, California facility increased year-on-year and nearly doubled that of the preceding quarter.   Mountain Pass completed Q4 […]

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