at Benzinga.com (Jan 2, 2015)
China sets at 46.9K metric tons its first rare earth production quota for 2013 - roughly half...
China sets at 46.9K metric tons its first rare earth production quota for 2013 - roughly half the level of 2012. Molycorp (MCP) gains 3% premarket, also helped by Lawrence Balter putting the stock on his list of 2013 underdogs to surprise. The bad news and then some is baked in, he says, keeping his $50 price target on the shares.
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