Thanx Leeman,
do you believe this part of the article? Sounds quite flawed to me ... what about the rest?
"Molycorp is in the process of reopening the mine in 2012 as the lowest-cost operator,
according to their calculation. They expect production costs at around $2.77/kg versus an
estimated $5.58/kg in China and a potentially much higher cost operation at Lynas at about
$10.11/kg. Molycorp engineers suggest that they will use one-half the amount of ore to get the
same amount of usable end product."
page 15 http://www.fas.org/sgp/crs/natsec/R41347.pdf
GLTA
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