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  • Molycorp (MCP) said yesterday it has completed its takeover of Canadian rare earth processor Neo Material Technologies, creating an integrated mine-to-magnetics company. It's a win-win, analyst Jon Hykawy told clients, as "not only should it significantly improve Molycorp's earnings but it also de-risks the start-up of Molycorp's own (processing) facility."  [View news story]
    It would have been better not to make the acquisition as paid too much. Vern
    Jun 13 02:41 AM | Likes Like |Link to Comment
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