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Bloomberg reports that the shares of rare earth element metal Molycorp Inc. jumped Monday after an analyst raised his price target on the stock.
Bloomberg reports that the shares of rare earth element metal Molycorp Inc. jumped Monday after an analyst raised his price target on the stock.
The market news is quoted as saying:
In early December, Molycorp said it will produce 20,000 tons of rare earth metals by the end of 2012. The company is based in Greenwood, Colo.
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