Molycorp to mothball Mountain Pass

• Autores: Laura Syrett, Myles McCormick
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 576, 2015 (Ejemplar dedicado a: Octubre)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • "It is fair to say that the speed with which Mountain Pass can be restarted will depend in part on whether the US government decides to lend any active support to a restart effort," the spokesperson said. "Can production be restarted there? Absolutely. Mountain Pass is a strategic, national asset to the US and the West." While its tungsten products also performed poorly, the company's rare earths business realised a loss of Rmb 9.6m ($1.5m) in the first half of the year on a 15.8% lower rare earth product turnover of Rmb 317m ($49.9m).

    Inner Mongolia, one of the most important provinces for rare earths production in China, exported 2,664 tonnes rare earths in July, up 36.5% y-o-y. Average export prices were down by 34.7% y-o-y, standing at Rmb 32,000/tonne ($5,024/tonne), however.