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Molycorp Announces Successful Closing of $400 Million Financing Arrangement

GREENWOOD VILLAGE, Colo.  (September 11, 2014) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced the successful close of its previously announced $400 million financing arrangement with certain investment vehicles affiliated with Oaktree Capital Management, L.P. (collectively, “Oaktree”). Under the arrangement, Oaktree will provide Molycorp and certain of the Company’s subsidiaries with up […]

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Molycorp (NYSE: MCP) Reports Second Quarter 2014 Financial Results

For Release:  4:01 p.m. Eastern, August 6, 2014  Greenwood Village, CO (August 6, 2014) - Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced financial and operating results for the second quarter 2014. The Company reported second quarter product sales volume of 2,996 metric tons (mt), a 15% decrease over the first quarter 2014, at an average selling […]

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Molycorp Announces a Commitment for a $400 Million Financing Arrangement

For Release: 4:01 p.m. Eastern, August 6, 2014 GREENWOOD VILLAGE, Colo.  (August 6, 2014) — Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced that it has entered into a commitment letter to secure a $400 million financing arrangement with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Under the arrangement, Oaktree will provide […]

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Molycorp (NYSE: MCP) to Report Second Quarter 2014 Financial Results on August 6, 2014

Investor Conference Call to follow on August 7, 2014 at 9:00 a.m. EasternGREENWOOD VILLAGE, Colo.  (July 16, 2014) — Molycorp, Inc. (NYSE: MCP) today announced that it will release financial results for the second quarter ended June 30, 2014 after the market closes on Wednesday, August 6, 2014.  Release of Molycorp’s financial results will be […]

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Molycorp and M&K Chemical Engineering Consultants, Inc. Reach Settlement

Greenwood Village, Colo. (June 18, 2014) — Molycorp, Inc. (“Company”) today announced that the Company and M&K Chemical Engineering Consultants, Inc. have reached a mutually-agreeable and satisfactory settlement of their respective claims and counter-claims, which were the subject of a certain action in the Colorado United States District Court, arising from a commercial dispute related […]

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Molycorp (NYSE: MCP) Reports First Quarter 2014 Financial Results

For Release:  4:01 p.m. Eastern, May 7, 2014Greenwood Village, CO (May 7, 2014) - Molycorp, Inc. (NYSE: MCP) (“Molycorp” or the “Company”) today announced financial and operating results for the first quarter 2014.The Company reported first quarter product sales volume of 3,518 metric tons (mt), a 10% increase over the fourth quarter 2013, at an average selling […]

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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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