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    Molycorp Ready to Buy Other Rare Earth Miners: CEO

    Investing News Network
    May. 04, 2011 05:23PM PST
    Rare Earth Investing

    CNBC News reported that MolyCorp (NYSE:MCP) is willing to buy more rare earth companies.

    CNBC News reported that MolyCorp (NYSE:MCP) is willing to buy more rare earth companies.

    The market news is quoted as saying:

    The Colorado company, with a market cap of $5.8 billion, made two acquisitions in April. It is the largest of the US miner of rare earths, a group of 17 elements that are widely used in consumer electronic items.

    To read the full market news, click here.

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