Molycorp (MCP) agrees to acquire Canada's Neo Material Technologies (NEMFF.PK) in a ~C$1.3B cash...

|By:, SA News Editor

Molycorp (MCP) agrees to acquire Canada's Neo Material Technologies (NEMFF.PK) in a ~C$1.3B cash and stock deal that will give MCP access to Neo's rare earth processing capabilities and patents. MCP +2.5% AH.