Molycorp shares popped: What you need to know

Market Oracle reported on recent gains in shares of Molycorp (NYSE:MCP).

The market news is quoted as saying:

The price drivers today are plentiful: Financial Times reports that rare earth materials are being stockpiled in China, Piper Jaffray upgraded Molycorp to a buy, and a host of analysts piled on with positive assessments of the rare earth industry in general.