The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Molycorp bankruptcy raises questions on future of U.S. rare earths sector
Powders of six rare earth elements oxides.
What does Molycorp Inc.'s bankruptcy have to do with the price of rare earths in China? Some analysts say everything, while other experts in the field point to other weaknesses as the root cause of the American REE Goliath's undoing.
When China put a chokehold on its exports of rare earth elements in 2010, Molycorp was already well on its way to seizing the opportunity to reopen the Mountain Pass...
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