Putin scolds Tomtor rare earth deposit’s operator over development delays
Located in the north of the Siberian region of Yakutia, Tomtor is a key project in Russia's plans to boost output of rare earth.
Molycorp has entered into a cooperative research and development agreement with the US Department of Energy’s Ames Laboratory. Molycorp will team-up with Ames to develop new methods of creating commercial-grade rare-earth permanent magnets. Read more