Molycorp Inc (MCP.N)
18 Sep 2014
|Market Cap (Mil.):||$320.65|
|Shares Outstanding (Mil.):||244.77|
(Recasts with share price movement, more financial details, background)
Aug 6 - Molycorp Inc on Wednesday reported a bigger net loss in the second quarter as sales volumes fell.
(Corrects combined capacity of Lynas and Molycorp to 60,000 tonnes in paragraph 20)
(Corrects combined capacity of Lynas and Molycorp to 60,000 tonnes in paragraph 18)
* CEO says 1st stage capacity of 11,000 T to be hit latest by Dec
- Molycorp Inc shares slumped 17 percent on Thursday in the wake of the U.S.-based rare earths producer's results a day earlier which showed a bigger first-quarter loss and production hiccups at a newly expanded processing plant in California.
May 7 - Rare earth miner Molycorp Inc reported a wider first-quarter loss on Wednesday as its revenue fell.
(Repeats story published late Thursday; no changes to text)
* Price spike in 2010 spurred consumers to find substitutes