REE Price Dip May Reflect Molycorp’s Loss

Rare Earth Investing

MetalMiner reported that a dip in its REE index could be affected by Molycorp’s (NYSE:MCP) second-quarter loss it announced earlier this summer.

MetalMiner reported that a dip in its REE index could be affected by Molycorp’s (NYSE:MCP) second-quarter loss it announced earlier this summer.

As quoted in the market news:

The week’s biggest mover on the weekly Rare Earths MMI® was the price of dysprosium oxide, which saw an 8.0 percent decline. This comes on the heels of a 11.1 percent increase the week before.

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