Molycorp Newswire

Molycorp Newswire

Comprehensive Real-Time News Feed for Molycorp.

Results 1 - 20 of 71 in Molycorp

  1. Short Interest in Molycorp Rises By 6.1%Read the original story

    Friday May 22 | AmericanBankingNews.com

    Molycorp was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 61,429,642 shares, a growth of 6.1% from the April 15th total of 57,922,813 shares, Stock Ratings Network reports.

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  2. Molycorp Could Exhaust Domestic Cash Within WeeksRead the original story w/Photo

    Thursday May 14 | Seeking Alpha

    After Q1 cash burn of $78MM, Molycorp had cash of $134 million. Only $40 million was available in the U.S. Without liquidity, Molycorp would be unable to pay quarterly interest expense of $40MM on $1.6B in debt, triggering a default.

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  3. Molycorp Takes a Hit Following Q1 Results ReleaseRead the original story w/Photo

    Thursday May 7 | Resource Investing News

    Last time Resource Investing News checked in with Molycorp , its share price was up an impressive 77 percent . The company had just signed a 10-year rare earths supply deal with Siemens , and investors had reacted well to the news.

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  4. UPDATE 1-Rare earths miner Molycorp reports bigger quarterly lossRead the original story

    Thursday May 7 | Reuters

    Molycorp Inc reported a bigger quarterly loss, hurt by inventory writedowns and lower prices for the rare earths that it mines, and reiterated that it would need more financing. Molycorp had said in March it might not have enough money to stay afloat if its debt restructuring efforts failed.

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  5. Molycorp: Creditors' Restructuring Plan Is Too Little, Too LateRead the original story w/Photo

    Wednesday May 6 | Seeking Alpha

    The rumored debt-for-equity swap on $650MM in debt could save up to $65 million in annual interest expense. Molycorp is in dire straits financially.

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  6. Ryan Castilloux's State of the REE Market AddressRead the original story

    Tuesday Apr 28 | InvestorIdeas.com

    ... and development projects outside of China? Ryan Castilloux: It has. The recently announced supply agreement between Molycorp Inc. (MCP:NYSE) and Siemens AG (SI:NYSE) is a reflection of how the outlook is improving. The rally we saw earlier this year ...

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  7. China Export Tax Decision to Boost Rare Earth Demand, Lynas SaysRead the original story

    Apr 23, 2015 | The Washington Post

    ... start placing orders." Lynas, one of two major producers outside China, rose as much as 30 percent in Sydney after Molycorp Inc., the largest U.S. producer, jumped 9.4 percent Thursday in New York. China, which produces about 85 percent of global ...

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  8. Bullish Traders Are Turning To Rare Earth MetalsRead the original story w/Photo

    Apr 22, 2015 | Investopedia

    ... because they could be setting up for a continued move higher. (For more, see: Understanding Rare Earth Metals .) Molycorp, Inc. ( MCP ) is one of the most popular rare earth players available in the public markets and it is a favorite amongst many ...

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  9. Short-Selling Herds Find April Is the Cruelest MonthRead the original story w/Photo

    Apr 21, 2015 | Bloomberg

    ... compared with eight last year. Among those 17 most-expensive stocks to short, the biggest gain in April has been by Molycorp Inc., which has more than doubled this month but has been a short's dream-come-true over the long term with a drop of 99 ...

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  10. Short-selling herds finding April is the cruelest month since 2009Read the original story w/Photo

    Apr 21, 2015 | Globe and Mail

    ... compared with eight last year. Among those 17 most-expensive stocks to short, the biggest gain in April has been by Molycorp Inc., which has more than doubled this month but has been a short's dream-come-true over the long term with a drop of 99 per ...

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  11. Molycorp Chosen To Supply Rare Earths For Use In High-Efficiency Siemens Wind Turbine GeneratorsRead the original story

    Apr 20, 2015 | Power Online

    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., Ltd. , which will produce the rare earth magnets Siemens intends to utilize in its wind turbines.

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  12. Molycorp to Supply Rare Earths for Siemens Wind Turbine GeneratorsRead the original story

    Apr 16, 2015 | Resource Investing News

    Mining.com reported that Siemens AG has selected Molycorp, Inc. ) to supply rare earth materials from its Mountain Pass, California facility for incorporation into Siemens' wind turbine generators. Siemens officials noted that key factors in choosing Molycorp were Molycorp's ability to provide greater global diversification and reliability to its supply chain, as well as the environmental and process innovations Molycorp has built into its Mountain Pass rare earth facility.

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  13. Molycorp Surges On Siemens DealRead the original story w/Photo

    Apr 16, 2015 | Seeking Alpha

    Siemens' wind power and renewables segment is a multi-billion operation. The deal gives a vote of confidence to Molycorp and the stock.

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  14. Molycorp (MCP) Stock Continues to Gain Following Wednesday's Siemens Supply DealRead the original story w/Photo

    Apr 16, 2015 | TheStreet.com

    Ltd. which will produce the rare earth magnets Siemens plans to use in its wind turbines. "Siemens officials noted that key factors in choosing Molycorp were Molycorp's ability to provide greater global diversification and reliability to its supply chain, as well as the environmental and process innovations Molycorp has built into its Mountain Pass rare earth facility.

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  15. Molycorp to provide minerals for Siemens wind turbinesRead the original story w/Photo

    Apr 15, 2015 | Denver Post

    Shares of Molycorp Inc. surged Wednesday morning on news that the Greenwood Village-based mining firm would supply rare earth minerals for Siemens AG's wind turbines for the next 10 years. In morning trading, Molycorp's stock was up 25 cents, or more than 46 percent, to 78 cents.

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  16. Magnetic Materials Market Poised to Reach $45 Billion by 2020 - New Report by MarketsandMarketsRead the original story w/Photo

    Apr 9, 2015 | PRWeb

    The Asia-Pacific region is projected to dominate the magnetic materials market by 2020 and account for a major share of the total market in terms of value. Major Players in the Market: Arnold Magnetic Technologies , Electron Energy Corporation , Hitachi Metals Ltd. , Lynas Corporation Ltd. , Molycorp Inc. The report Magnetic Materials Market defines and segments the market with an analysis and forecast for types & applications by volume as well as value.

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  17. Molycorp Seeks More Oaktree Debt - Kicking The Can Down The Road?Read the original story w/Photo

    Mar 31, 2015 | Seeking Alpha

    Molycorp reported a Q4 after-tax loss of $330 million. Its cash burn of $101 million left the company with only $212 million of cash on hand, disappointing the market.

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  18. Molycorp said to discuss easing access to loans from OaktreeRead the original story w/Photo

    Mar 26, 2015 | Denver Post

    Molycorp Inc. is seeking looser debt terms from lender Oaktree Capital Group LLC that would give the unprofitable miner of rare-earth minerals access to cash to support a turnaround effort, two people with knowledge of the matter said. The Greenwood Village-based company is seeking to borrow about $150 million in revolving credit that's available as part of a $400 million financing package Oaktree gave it in September, said the people, who asked not to be named because the negotiations are private.

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  19. Molycorp shares soar after '60 Minutes' rare-earths reportRead the original story w/Photo

    Mar 23, 2015 | Business Journal

    Shares in Colorado-based rare-earths miner Molycorp Inc. jumped 26 percent in Monday's trading on the New York Stock Exchange following Sunday's "60 Minutes" segment on the company. Shares were up 9 cents on the day, closing at 45 cents, and continued to rise in after-hours trading.

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  20. Molycorp warns it may not be able to continueRead the original story w/Photo

    Mar 18, 2015 | Business Journal

    Molycorp Inc. , the Greenwood Village rare-earths miner, is saying it may not have enough money to remain in business. Molycorp , which went public in 2010 and two years later paid $1.3 billion to buy a Canadian company , carries a $1.7 billion debt load, with $206.5 million in convertible notes that mature in June 2016.

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