Last €0.84 EUR
Change Today +0.035 / 4.36%
Volume 8.3K
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molycorp inc (9MO) Snapshot

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52 Week High
03/3/14 - €4.01
52 Week Low
01/26/15 - €0.20
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molycorp inc (9MO) Details

Molycorp, Inc. produces and sells rare earths and rare metal materials in the United States and internationally. The company’s Resources segment extracts rare earth minerals, including light rare earth concentrates; rare earth oxides (REO), such as lanthanum, cerium, and neodymium/praseodymium; heavy rare earth concentrates, which include samarium, europium, gadolinium, terbium, dysprosium, and others; and SorbX, a line of rare earth-based water treatment products. This segment’s products are used in oil refinery catalyst, glass polishing, automotive, water purification, and energy efficiency lighting applications. This segment also owns and operates the Molycorp Mountain Pass facility, an open-pit mine containing rare earth elements deposits in San Bernardino County, California. Its Chemicals and Oxides segment produces REO, and other custom engineered materials, salts of rare earth elements, zirconium-based engineered materials, and mixed rare earth/zirconium oxides for various applications, such as catalytic converters, computers, television display panels, optical lenses, mobile phones, electronic chips, and others. The company’s Magnetic Materials and Alloys segment produces Neo Powders for use in micro motors, precision motors, sensors, and other applications; and neodymium and samarium magnet alloys, other specialty alloy products, and rare earth metals for use in computing, automotive, aerospace, health care, industrial motors, wind power generation, battery technologies, consumer electronics, and home appliance markets. Its Rare Metals segment produces, reclaims, refines, and markets gallium, indium, rhenium, tantalum, and niobium for use in wireless technologies, light-emitting diode, flat panel display, turbine, solar, catalyst, steel additive, electronics, and other applications. The company sells its products directly to customers; and through distributors. Molycorp, Inc. was founded in 2010 and is headquartered in Greenwood Village, Colorado.

2,580 Employees
Last Reported Date: 03/3/14
Founded in 2010

molycorp inc (9MO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $397.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $403.5K
Executive Vice President and General Counsel
Total Annual Compensation: $333.7K
Compensation as of Fiscal Year 2013.

molycorp inc (9MO) Key Developments

Molycorp Reports Production Results for the Fourth Quarter of 2014

Molycorp reported production results for the fourth quarter of 2014. For the quarter, the company reported rare-earth production at its Mountain Pass, CA facility rose 28.4% year on year to 1,328 metric tons of rare earth oxides.

Molycorp Receives Non Compliance Notice From NYSE

Molycorp, Inc. announced that on December 30, 2014, the Company was notified by the New York Stock Exchange (NYSE) that the Company's common stock is not in compliance with the NYSE's continued listing standard that requires a minimum average closing price of $1.00 per share over a period of 30 consecutive trading days. Under the NYSE's rules, the Company has a period of six months from the date of the NYSE notice to bring its 30-day average share price back above $1.00. During this period, the Company's common stock will continue to be traded on the NYSE, subject to the Company's compliance with other NYSE listing requirements. The Company will notify the NYSE of its intent to cure this deficiency.

Molycorp, Inc.(NYSE:MCP) dropped from S&P/TSX Global Mining Index

Molycorp, Inc.(NYSE:MCP) dropped from S&P/TSX Global Mining Index


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