Concern over China's policy toward rare earth exports benefits Molycorp (MCP +3.5%), the primary...

|By:, SA News Editor

Concern over China's policy toward rare earth exports benefits Molycorp (MCP +3.5%), the primary U.S. rare-earth producer whose shares have more than doubled since its August IPO. Molycorp is ramping up and hopes to begin mining next year to produce 20,000 metric tons of rare-earth oxides by late 2012.