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Molycorp, Inc.

Molycorp, Inc.

Sector: Metal Mining Services Region: CO, United States


: | New York Stock Exchange: MCP


Molycorp, Inc. is engaged in the manufacturing of custom engineered rare earth and rare metal products. It operates through four segments: Resources, Chemicals and Oxides, Magnetic Materials and Alloys; and Rare Metals. The Resources segment includes operations at the Molycorp Mountain Pass Rare Earth Facility, home to one of the world's largest and richest deposits of rare earths, which includes light, mid, and heavy rare earths. It produces rare earth concentrates, REO, which includes lanthanum, cerium, neodymium, praseodymium and yttrium; heavy rare earth concentrates, which includes samarium, europium, gadolinium, terbium, dysprosium, and others; and SorbXTM, a line of proprietary rare earth-based water treatment products. The Chemicals and Oxides segment engages in the production of REO at Molycorp Silmet. It separates heavy rare earth oxides and other custom engineered materials. The Magnetic Materials and Alloys segment produces Neo Powders? through wholly-owned manufacturing facilities in Tianjin, China, and Korat, in Thailand, under the Molycorp Magnequench brand. It also manufactures neodymium and samarium magnet alloys, other specialty alloy products and rare earth metals. The Rare Metals segment produces, reclaims, refines and markets niche metals and their compounds, which includes gallium, indium, rhenium, tantalum and niobium. The company offers water treatment products, under the brand name SorbX?, SorbX-100? and SorbX-200?. Molycorp was founded on June 12, 2008 and is headquartered in Greenwood Village, CO.

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