LYC 0.77% $6.56 lynas rare earths limited

molycorp announces output and revenue miss

  1. 520 Posts.
    lightbulb Created with Sketch. 12
    Molycorp just announced 2012 output was lower than expected and 2013 sales will be lower than expected. Stock looking to open down over -10%. Company also said it is reviewing its capital needs for 2013 which should also weigh on the share price.
 
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