Molycorp (MCP +13.2%) CEO Mark Smith tells CNBC there's no bubble in rare earth prices. "We are...
Molycorp (MCP +13.2%) CEO Mark Smith tells CNBC there's no bubble in rare earth prices. "We are absolutely bullish on prices. We think these prices are absolutely sustainable, and we think simple supply and demand fundamentals support the prices." Earlier, Molycorp had announced a partnership with Hitachi (HIT) to produce rare earth magnets.
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