| Molycorp's Biggest Shareholder Molymet Planning to Bid on Miner's Assets | |
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Molycorp Inc.’s biggest shareholder, Chile’s Molibdenos y Metales SA, is planning to bid on some or all of the company’s assets in bankruptcy, according to three people with knowledge of the matter. The prospective buyer, known as Molymet, is interested in assets including Molycorp’s largest U.S. mine -- the Mountain Pass facility -- in California, said the people, who asked not to be named because the plan isn’t public. More from Bloomberg.com: Fourteen Wall Street Veterans Share the Best Advice They've Ever Received To avoid any potential conflicts of interest, two Molycorp board members with ties to Molymet have recused themselves from recent restructuring discussions, the people said. John Graell Moore is chief executive officer of Molymet, while Michael Schwarzkopf sits on the board. Molymet, the world’s biggest processor of the steel-hardening element molybdenum, had earlier expressed interest in helping to run the Mountain Pass mine for the restructured Molycorp, said the people. Molymet owns more than 18 percent of the stock in the company, which is largest rare-earths miner in the U.S. More from Bloomberg.com: AB InBev, SABMiller Reach Agreement on Acquisition Molycorp spokesman Jim Sims declined to comment. Moore, Schwarzkopf and Nicolas Donoso, a spokesman for Santiago-based Molymet, didn’t respond to e-mails and calls seeking comment. More from Bloomberg.com Read Molycorp's Biggest Shareholder Molymet Planning to Bid on Miner's Assets on bloomberg.com
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Molycorp Minerals LLC
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EN DÉVELOPPEMENT |
CODE : MCP |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Molycorp Minerals est une société d’exploration minière basée aux Etats-Unis D'Amerique. Molycorp Minerals est en développement de projets de rare earth en USA. Son principal projet en développement est MOUNTAIN PASS en USA. Molycorp Minerals est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 37,3 millions US$ (34,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 28 décembre 2012 à 9,98 US$, et son plus bas niveau récent le 30 janvier 2015 à 0,28 US$. Molycorp Minerals possède 103 950 000 actions en circulation. |