Chile’s Molymet acquires 13% of Molycorp for $390m
Published: Wednesday, 01 February 2012
Investment from molybdenum and rhenium group to fund vertical integration
US rare earths group Molycorp Inc. has agreed to sell 13% of
its shares to Chile-based Molibdenos y Metales SA (Molymet) to
raise around $390m.