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    market news

    The Hills are Alive With the Sound of Molycorp REE Deals

    Investing News Network
    Jul. 20, 2011 08:32AM PST
    Tantalum Investing

    Mineweb reports Molycorp’s (NYSE:MCP) Silmet acquisition is a game changer for Molycorp.

    Mineweb reports Molycorp’s (NYSE:MCP) Silmet acquisition is a game changer for Molycorp.

    The market news is quoted as saying,

    In April Molycorp announced a friendly US$89 million cash-and-shares deal for Estonia’s AS Silmet, one of the world’s leading producers of pure niobium and tantalum metal. Silmet also offers three manufacturing facilities that make rare earth products.

    For the complete market news, click here.

    nyse:mcpmarket news
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