Molycorp Increases Rare Earth Reserve Estimate

Critical Metals

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.

Click here to read the full Reuters report.

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