The Conversation (0)
Seeking Alpha reported that due to a number of factors applying downward pressure to the industry as a whole, Molycorp faces some challenges in the near future.
Seeking Alpha reported that due to a number of factors applying downward pressure to the industry as a whole, Molycorp faces some challenges in the near future.
As quoted in the Seeking Alpha report:
To sum it up, the last two years have pummeled this whole industry and things are not likely to turn around anytime soon. The price of rare earths is falling, and all indications point to it continuing to fall, bringing the industry along for the ride.