Molycorp closes $1.26B buy of rare earths processor Neo
Jun 13, 2012 | 09:04 AM
| Thorsten Schier
Tags
Molycorp,
Neo Material Technologies,
rare earths processor,
Constantine Karayannopoulos,
Michael Doolan,
Mark Smith,
James Allen,
Thorsten Schier
NEW YORK — Molycorp Inc. has completed its Canadian $1.3-billion ($1.26-billion) acquisition of Toronto-based rare earths processor Neo Material Technologies Inc.
The combined companies have 26 locations across 11 countries and more than 2,600 employees, according to Greenwood Village, Colo.-based Molycorp.....
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