Molycorp (MCP +3.8%) shares are moving up on heavy volume after Pres. Obama, the EU and Japan...

|By:, SA News Editor

Molycorp (MCP +3.8%) shares are moving up on heavy volume after Pres. Obama, the EU and Japan ask the WTO to help increase China's exports of rare earths. But Dahlman Rose notes that given the massive drop in rare earth prices YTD, a negative WTO ruling may have no meaningful impact on prices. AVL +3.6%, REE +10.7%.