Moments ago, NationalTradersAssociation.org introduced new coverage of Molycorp, and Hecla Mining Company. Full outlook, analysis and consensus opinion is available to readers via the links below. The consistent delivery of accurate analyses relies solely on two factors, namely: market awareness and industry insight. Recent market drivers include [...]
Company Also Announces That Its High-Efficiency ?Combined Heat & Power Plant Will Begin Feeding Electrical Power and Steam to Its New Project Phoenix Facility This Week
China's control of the rare earth market has come under increased scrutiny since 2010. Over the past several years China has slashed their export quotas of rare earth minerals to cope with their growing domestic demand. U.S. industry officials suggest it is an unfair trade practice, against rules established by the World Trade Organization (WTO), a [...]
Molycorp, Inc. (NYSE: MCP) ('Molycorp? or the 'Company?) today announced the pricing of its previously announced public offering of $360 ?million aggregate principal amount (or up to an aggregate of $414 million aggregate principal amount if the underwriters of su ...
Molycorp, Inc. (NYSE: MCP) ('Molycorp? or the 'Company?) today announced that it intends to offer and sell, subject to market and other conditions, $300 million aggregate principal amount (or up to an aggregate of $345 million aggregate principal amount if the und ...
China has continued to dominate the Rare Earths Industry. A recent report from Bloomberg stated that after complaints from the U.S., the European Union and Japan, World Trade Organization judges will investigate China's limits on rare earth exports. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) has fallen nearly 20 percent in the last [...]
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 Septe ...
HIGHLIGHTS: Molycorp's Project Phoenix remains on-time to ramp up production at Mountain Pass to a Phase 1 rate of 19,050 metric tons (mt) per year in Q4 of 2012, and to mechanically complete its Phase 2 capacity of 40,000 mt by year end. Project Phoenix recently exceeded three million work hours without [...]
After a strong start to the year, Rare Earth stocks have struggled in the second quarter. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) has fallen 20 percent over the last three months. Things may be turning around for the industry as a recent article from Reuters suggests that China may become an importer of rare earth by 2014. Five [...]
Rare Earth stocks have been gaining attention in recent weeks after China's Information Office of the State Council published the first white paper on their rare earth industry. The report raised concerns regarding China's rare-earth exports and future global supply sending shares of rare earth companies higher. The Paragon Report examines [...]
China's stranglehold on the rare earth market has been a major problem for the U.S. as the elements are crucial for the manufacturing of popular high-tech products. China currently mines more that 95 percent of the world's rare earth supply, which allows them to manipulate price and availability to the U.S. markets. Five Star Equities examines the [...]
