Molycorp's Biggest Shareholder Molymet Planning to Bid on Miner's Assets

Updated on
  • Molymet said to be interested in shuttered Mountain Pass mine
  • Purchase would be part of a bankruptcy restructuring

Molycorp Inc.’s biggest shareholder, Chile’s Molibdenos y Metales SA, is planning to bid on some or all of the company’s assets in bankruptcy, according to three people with knowledge of the matter. 

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