Posted by parkridge77 on 9th of Mar 2012 at 02:40 pm
Molycorp, the Colorado-based mining group, plans to begin
exports of rare earth minerals to China following its C$1.3bn
(US$1.31bn) acquisition of
Neo Material Technologies, a processing company listed in
Toronto that earns most of its revenues in Asia.
Think this acquisition was announced today-- 64% of Neo's revs
come from sales to China & Japan-- Neo has plants in China
& Thailand--
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Molycorp, the Colorado-based mining group,
MCP
Posted by parkridge77 on 9th of Mar 2012 at 02:40 pm
Molycorp, the Colorado-based mining group, plans to begin exports of rare earth minerals to China following its C$1.3bn (US$1.31bn) acquisition of Neo Material Technologies, a processing company listed in Toronto that earns most of its revenues in Asia.
Think this acquisition was announced today-- 64% of Neo's revs come from sales to China & Japan-- Neo has plants in China & Thailand--