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…

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…