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Reuters reported that Molycorp (NYSE:MCP) increased the rare earth reserve estimate for the California-based Mountain Pass mine.
Reuters reported that Molycorp (NYSE:MCP) increased the rare earth reserve estimate for the California-based Mountain Pass mine.
As quoted in the market news:
MolyCorp, based in Greenwood Village, Colorado, now estimates reserves at 2.94 billion pounds of contained rare earth oxide equivalent, compared with a previous estimate of 2.24 billion pounds.
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