Monday, April 18, 2011

Molycorp Buys Up Another Rare Earth Firm

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Rare earth mining company Molycorp has made another acquisition, and yes, its shares are even higher than when we last covered the company earlier this month. Molycorp has acquired Santoku America, based in Tolleson, Ariz., from Japanese firm Santoku Corporation, for $17.5 million.

By AMY WALLACE 19 Apr, 2011


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Source: http://feeds.nytimes.com/click.phdo?i=e6022b3d700db3a64a7e84bc1994d7e9
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