Molycorp (MCP) has been hurt by the recent crash in rare earth metal prices, but thinks the...

|By:, SA News Editor

Molycorp (MCP) has been hurt by the recent crash in rare earth metal prices, but thinks the crash could boost its competitive standing, by making it harder for would-be competitors to obtain funding. The company adds it's "looking to acquire downstream companies that can process rare-earth oxides and produce magnets."