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Reuters reported that Molycorp reported a loss for Q3, blaming lower rare earth prices and higher costs.
Reuters reported that Molycorp reported a loss for Q3, blaming lower rare earth prices and higher costs.
As quoted in the market report:
Molycorp reported a net loss of $15.5 million, or 19 cents a share, in the quarter ended Sept 30. That compared with earnings of $45.1 million, or 49 cents a share, in the year-earlier period.
To view the whole Reuters report, click here.Â
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