Monday, April 4, 2011

Molycorp Shares Surge on European Acquisition

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I didn't think it was possible for the shares of rare earth mining company Molycorp to go much higher. But this morning, on news that Molycorp plans to buy 90 percent of European rare earth mining company AS Silmet, shares in Molycorp are surging.

By MIGUEL HELFT 05 Apr, 2011


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Source: http://feeds.nytimes.com/click.phdo?i=14dcc22c90aeb7ba322ade7f97e656bf
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