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    Molycorp Silmet to Recommence Rare Metal Production in January

    Teresa Matich
    Dec. 18, 2015 09:16AM PST
    Rare Earth Investing

    Industrial Minerals (subscription) reported that Molycorp’s Estonian subsidiary, Molycorp Silmet (OTCMKTS:MCPIQ) will restart rare metal production in January following a fire at the facilities in June.

    Industrial Minerals (subscription) reported that Molycorp’s Estonian subsidiary, Molycorp Silmet (OTCMKTS:MCPIQ) will restart rare metal production in January following a fire at the facilities in June.
    As quoted in the publication:

    The plant’s fire in June saw rare metal production halt, though rare earths separation continued. It is hypothesised that Silmet could be sold off as part of Molycorp’s bankruptcy restructuring.

    Click here for the full Industrial Minerals article.

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