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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