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Aug 26 (Reuters) - Rare earths supplier Molycorp Inc , which recently filed for bankruptcy protection, said it would suspend production at its flagship Mountain Pass facility in California by Oct. 20 due to a fall in prices. The company, which is the only U.S. supplier of rare earths, said it will continue to supply rare earths from its other facilities in Estonia and China. The Greenwood, Colorado-based company filed for bankruptcy protection in June. Rare earths gained global attention in 2010, when China clamped down on exports. Sensing an opportunity, Molycorp started expanding its Mountain Pass rare earths mine in California. But China subsequently eased export rules, causing prices to fall. Rare earths are used in a range of products from smartphones to military jet engines to hybrid vehicles. China controls roughly 90 percent of the world's supply of rare earths. (Reporting by Anannya Pramanick in Bengaluru; Editing by Sriraj Kalluvila)
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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. |