Markets single - MINING.COM
52 weeks USD/lb
Low 10.76 | High 14.86
Last Close: Nov 22, 2024

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Latest Stories

Molycorp fires up new rare earths plant

Molycorp, the company in the process of expanding and modernizing a mine and processing plant closed down in 2002, this week announced the sequential start-up of its Project Phoenix rare earth manufacturing facility.

The next Molycorp? Frontier says it can produce rare earths by 2015

Mining and processing rare earths is a tricky business. Processing the materials is costly, and the supply of the 17 elements used in manufacturing everything from smart phones to electric cars and missile guidance systems is pretty much sewn up by China, which has 95% of the production.