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    market news

    Molycorp Awards Construction Contract to KBR

    Investing News Network
    Jul. 25, 2011 05:36PM PST
    Rare Earth Investing

    Mining Weekly reported that Molycorp (NYSE:MCP) has appointed KBR for construction work at Molycorp’s Mountain Pass project.

    Mining Weekly reported that Molycorp (NYSE:MCP) has appointed KBR for construction work at Molycorp’s Mountain Pass project.

    The market news is quoted as saying:

    The plant forms part of the company’s so-called Project Phoenix, which involves spending $781-million to modernise and expand the shuttered Mountain Pass rare earths mine and processing facilities.

    To read the full market news, click here.

    nyse:mcpmarket news
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