IM Rare Earths News in Brief 9 – 15 June
Published: Monday, 15 June 2015
Molycorp’s Silmet plant experiences fire as second debt interest payment deferred; Arafura receives tax rebate; new nanomaterial to challenge rare earth-based magnets.
US-based rare earths miner
Molycorp Inc. has elected to use a second
30-day grace period for a $3.36 interest payment, separate from
a payment deferral announced in early June that sent the
company’s share price down 22.8% in one day, to
The semi-annual interest...