Molycorp posts Q3 net loss as rare earths prices stay low

By Antonio Torrisi
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...

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