Critical Metals

Reuters Africa reported that Molycorp (NYSE:MCP) expects its deal with Sumitomo (TYO:8053) to close by September 2011.

Reuters Africa reported that Molycorp (NYSE:MCP) expects its deal with Sumitomo (TYO:8053) to close by September 2011.

The market news is quoted as saying:

“There’s very little doubt in my mind that the deal is very strong still between the two parties and that this deal will close,” Molycorp Chief Executive Mark Smith told Reuters.

To read the full market news, click here.

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