Molycorp’s $89m deal for AS Silmet doubles REO production capacity
The US$89 million shares-and-cash acquisition of Estonia’s AS Silmet by Colorado’s Molycorp means both rare earth companies “will be able to take advantage of the very robust price situation in the market right now,” Molycorp CEO Mark Smith said during a conference call with analysts Monday.
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April 11, 2025 | 08:24 am
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