Rare earth projects could be shelved on rising costs – bank

By Mark Watts
Published: Friday, 24 February 2012

Higher overheads reported by Molycorp will be industry norm, says Dahlman Rose

The rising costs of establishing and operating rare earths mines and plants could lead to projects being shelved, according to analysts at investment bank Dahlman Rose & Co.

The comments came after US rare earths producer Molycorp Inc. indicated in its 2011 results announcement that it would have to...

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