Molycorp posts Q3 net loss as rare earths prices stay low
Published: Friday, 08 November 2013
Prices and demand up on second quarter; sales target met
Molycorp Inc., a US-based producer of rare earths, has
announced a net loss for the third term of 2013, as rare earth
prices remained low.
The company recorded a negative EBITDA* of $32.5m and net
loss of $69.9m in Q3 2013; this compares with $18.8m net loss
in the same...