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Molycorp (MCP +7.3%) leads rare earth producers sharply higher, perhaps fueled by a 363% Y/Y...

Molycorp (MCP +7.3%) leads rare earth producers sharply higher, perhaps fueled by a 363% Y/Y profit gain reported overnight by Baotou Steel Rare Earth (which closed 8.4% higher in Shanghai). Still, the company says retreating rare earth prices from last year's H2 show no signs of rebounding.
Comments (1)
  • jbde
    , contributor
    Comments (667) | Send Message
     
    More important to MCP is that B-S is still not in environmental compliance.

     

    They cannot issue Environmental Certification Certificates.

     

    No buyer wants to be labeled as supporting hurting Mother Earth.
    27 Mar 2012, 11:12 AM Reply Like
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