Molycorp to double rare earths production
31 July 2012
by Laura Syrett
Extra capacity will have little effect on Chinese sales but could lower prices
Keywords: Molycorp, rare earths, China, US, prices, market share
US-based rare earths producer Molycorp Inc. announced yesterday that it plans to double its output capacity from 20,000 to 40,000 tpa, the Beijing Business Times reported Monday.
The increase will take Molycorp’s share of the global rare earths market from 4% to 30%, although the company did not provide...
To read the rest of this article please take a
Free Trial* or
Subscribe to
Industrial Minerals.*Trialists receive access to the last three month's of content only.
If you are already a subscriber, please log in to access the full article.
Please enter your login details below.