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Last €0.52 EUR
Change Today +0.018 / 3.59%
Volume 0.0
9MO On Other Exchanges
Symbol
Exchange
Frankfurt
As of 1:56 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

5619 Denver Tech Center Parkway

Suite 1000

Greenwood Village, CO 80111

United States

Phone: 303-843-8040

Fax: 303-843-8082

Molycorp, Inc. produces and sells rare earths and rare metal materials worldwide. The company’s rare earth products are critical inputs in various existing and emerging applications, including clean energy technologies, such as hybrid and electric vehicles, energy-saving motors, pumps and compressors used in various appliances and other durable goods, and wind power turbines; multiple high-tech uses, including mobile devices, fiber optics, lasers, and hard disk drives; critical defense applications, such as guidance and control systems and global positioning systems; and advanced water treatment technologies for use in industrial, municipal, and recreational applications. Segments The company’s business is organized into four segments: Resources; Chemicals and Oxides; Magnetic Materials and Alloys; and Rare Metals. Resources This segment includes the company’s operations at the Mountain Pass facility. At its Mountain Pass facility, the company performs rare earth minerals extraction to produce light rare earth concentrate (purified and unseparated); separated rare earth oxides, including lanthanum, cerium, and neodymium-praseodymium; heavy rare earth concentrates, which include samarium, europium, gadolinium, terbium, dysprosium, and others; and a line of proprietary rare earth-based water treatment products, including SorbX and PhosFIX. The company sells lanthanum oxide from its Mountain Pass facility to manufacturers of FCC (fluid catalytic cracking) catalysts for the petroleum refining industry. Chemicals and Oxides This segment includes various productions, such as rare earths from the company’s Molycorp Silmet AS facility in Sillamäe, Estonia; separated heavy rare earth oxides and other custom engineered materials from its majority-owned Jiangyin Jia Hua Advanced Material Resources Co., Ltd. facility in Jiangyin, Jiangsu Province, China; and rare earths, salts of rare earth elements (REEs), zirconium-based engineered materials, and mixed rare earth/zirconium oxides from the company’s majority-owned Zibo Jia Hua Advanced Material Resources Co., Ltd. facility in Zibo, Shandong Province, China. This segment develops and sells rare-earth based oxides for all the major emission catalysts manufacturers. Several factors are driving an increasing demand for emission catalysts, including the accelerating shift of vehicle production to the BRIC countries (Brazil, India, Russia and China); the continuous development of new emission catalytic solutions; and an overall tightening of environmental regulations around the world. Other applications that utilize rare earths and zirconium-based materials that the company produces at this segment include computers, television display panels, optical lenses, mobile phones, electronic chips, and many others. Magnetic Materials and Alloys This segment includes the production of Neo Powders through the company’s wholly-owned manufacturing facilities in Tianjin, China, and Korat, Thailand, under the Molycorp Magnequench brand. This segment also includes manufacturing of neodymium and samarium magnet alloys and other specialty alloy products and rare earth metals at the company’s Molycorp Metals and Alloys, Inc. facility in Tolleson, Arizona. Neo Powders are used in the production of high performance, bonded NdFeB (neodymium-iron-boron alloy) permanent magnets, which are found in micro motors, precision motors, sensors, and other applications requiring high levels of magnetic strength, flexibility, small size, reduced weight, and energy efficient performance. Rare Metals This segment produces, reclaims, refines, and markets niche metals and their compounds that include gallium, indium, rhenium, tantalum, and niobium. Operations in this segment are distributed in various locations, such as Quapaw, Oklahoma; Blanding, Utah; Peterborough, Ontario, Canada; Sagard, Germany; Hyeongok Industrial Zone in South Korea; and Sillamäe, Estonia. Applications from products made in this segment include wireless technologies, LED (light-emitting diode), flat panel display, turbine, solar, catalyst, steel additive, electronics applications, and others. Products The com

 

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