I remember it well--back in 2011 (I've been at this rare earths business a long time), Molycorpse announced they had magically discovered a long hidden and nearby heavy rare earth deposit at Mountain Pass--just when the SP needed a boost after a 60% drop. CEO Smith was a real gem--eventually fired, but now CEO of another miner wannabe.
https://www.technologyreview.com/2011/10/11/190801/new-metal-deposits-found-at-rare-earth-mine/
https://www.nytimes.com/2011/10/04/business/molycorp-to-announce-rare-earth-deposit-at-california-site.html
Mountain Pass Materials planned the heavy rare earths plant before the DOD grant program was announced.
https://www.reuters.com/article/us-usa-rareearths-mpmaterials/california-rare-earths-miner-races-to-refine-amid-u-s-china-trade-row-idUSKCN1VD2D3
Lynas - Blueline Joint Venture, page-5
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Last
$7.14 |
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Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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