Molycorp seeks funding to help expand Mountain Pass

Oct 16, 2013 | 01:23 PM | Samuel Frizell

Tags  Molycorp, rare earths, Mountain Pass facility, stock offering, Securities and Exchange Commission, SEC, rare earth oxides, cerium bastnasite ore

NEW YORK — Rare earths producer Molycorp Inc. is offering up to $200 million of common stock to help expand its Mountain Pass, Calif., facility, the company said in a filing with the U.S. Securities and Exchange Commission.

The financing could rise to $230 million if underwriters exercise options to purchase additional shares, the Greenwood Village, Colo.-based company said.....

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