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Tag Archives: Rare Earths Metals
Mining firm gets permission to search for rare earths elements
Mining company Molycorp reported that the company has permission from the U.S. Bureau of Land Management to look for rare earths metals at a location near its mine at Mountain Pass. “This is an important milestone in our heavy rare … Continue reading →
Molycorp sales reach record levels in third quarter
Mining firm Molycorp reported record sales of $138.1 million for the quarter ending Sept. 30. The reported sales levels were 39 percent higher than the company’s reported earnings during the previous quarter. Molycorp earned $8.5 million during the third quarter … Continue reading →
Posted in Earnings Reports
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Tagged Molycorp, Rare Earths Metals, San Bernardino County
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Mojave Desert mining firm signs labor deal
Molycorp, Inc., the mining firm that operates a rare earths metals mine in the San Bernardino County desert, announced Monday that the company has agreed to a three-year contract with United Steelworkers members working at the mine. Molycorp’s mine is … Continue reading →