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Molycorp’s Expansion across the Rare Earth Supply Chain
Apr. 26, 2011 08:13AM PST
Rare Earth InvestingReuters reported on Molycorp’s (NYSE:MCP) acquisition of Santoku America to strengthen its position in the rare earth supply chain.
Reuters reported on Molycorp’s (NYSE:MCP) acquisition of Santoku America to strengthen its position in the rare earth supply chain.
The market news is quoted as saying:
The acquisition reflects a desire by Molycorp to consolidate the NdFeB supply chain and capitalize on the huge rare earth deposits present at the Mountain Pass site.