Molycorp, Inc. will transition its Mountain Pass rare earth facility to a “care and maintenance” mode while it plans to continue serving its rare earth oxide customers via its production facilities in Estonia and China. Customers of the company’s magnetic materials and rare earth-based water treatment products will not be impacted. Rare earth production at…
A few thoughts after touring a rare earth mine
Let me begin this blog on the tough job of rare earth mining with a few rhetorical questions. To what extent does sustainability matter to you? Do you consider the source or production processes involved in, say, your refrigerator when putting groceries away, or what about when buying electronics such as a new cell phone…
Molycorp chosen to supply rare earths for use in high-efficiency Siemens wind turbine generators
Siemens AG has selected Molycorp, Inc. to supply rare earth materials over the next 10 years from its Mountain Pass, California facility for incorporation into Siemens’ high-efficiency, direct-drive wind turbine generators. Molycorp will supply rare earth materials to Shin-Etsu Chemical Co., which will produce the rare earth magnets Siemens intends to utilize in its wind…
Rare-earth oxides facility opens in U.S.
Molycorp Inc. just announced that it has secured the final funds necessary for the capital build-out of its estimated $781 million expansion and modernization project at its flagship rare-earth oxides facility at Mountain Pass, California. The first phase of its mining project is expected to be operational by next year. The development is significant…