Comments on: Is This The Site Of Molycorp’s New Heavy Rare Earth Prospect? https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/ Commentary & analysis on rare earths and other technology metals Sat, 08 Oct 2011 14:12:42 +0000 hourly 1 https://wordpress.org/?v=6.4.2 By: 4now https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2192 Sat, 08 Oct 2011 14:12:42 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2192 the most interesting part of the NY times article is :” The new plant, to be opened in stages between late next year and the end of 2014, is intended to process either light or heavy rare earths. ” So they are delayed because previously they said Mid 2012. No wonder according to Mr. LIftons doubt to start such a dream project.

]]> By: fran https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2189 Fri, 07 Oct 2011 21:29:55 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2189 i suppose HITACHI and SUMO are saddened that they walked away from such potential rewards.

or they were too wise to believe MCP management a second time.
i trust their judgement vs SMITHSPEAK.

]]> By: Maximus https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2187 Fri, 07 Oct 2011 18:02:11 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2187 Hi Gareth ,

Is there any link to the Trilateral EU-Japan-U.S. Conference about Critical Materials for a Clean Energy Future which was recently in DC Washington or if someone else knows a link, to see what was all about ??

]]> By: MaxkilMachina https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2182 Thu, 06 Oct 2011 19:51:55 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2182 Chess play for the political adults.
Moves:
1. Rare Earth bills in Congress have low chance of getting approve.
2. Critical Minerals is a security risk to country.
3. DoD releases list of Critical Minerals report recently.
4. Chance of Critical Minerals bill with Rare Earth getting approved increases.
5. Politicians discuss with Molycorp that a Critical Minerals bills is in the immediate works.
5. Molycorp release new HREE concentration that contain Critical Minerals.
6. Senators trying to get Critical Minerals bill amendended into Currency Exchange Rate Oversight Reform bill.
7. If pass, then Molycorp benefits just because they timely announced new HREE Critical Minerals findings.
8. Or paranoia.

]]> By: Tom F https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2180 Thu, 06 Oct 2011 17:08:16 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2180 I’m surprised at all the hoopla, since it’s not been unexpected from an OLD (March 2010?) Molycorp press release:

“Molycorp Minerals to Commence Rare Earth Exploration Program”

http://phx.corporate-ir.net/phoenix.zhtml?c=236277&p=irol-newsArticle&ID=1453112&highlight=

]]> By: Vladimir Seredin https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2179 Thu, 06 Oct 2011 17:00:10 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2179 Y. Watanabe is absolutaly right. These ratios of REE are unbelivable. I am sure that is mistake.

]]> By: prescient11 https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2177 Thu, 06 Oct 2011 14:18:03 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2177 Kris, technically LCM is already bk, given that it constantly loses money and GWG only provides capital by diluting shareholders every year.

But I am sort of holding my opinion on GWG, they have a resource now that appears to serve as a plausible mine (in contrast to the many “projects” they had before a/k/a Hoidas Lake), so let’s see how they do. Perhaps this is their moment to shine.

With regard to MCP’s claims, while I do not share Jack’s views on the pure impossibility of MCP’s plans to scale up to a 40k tonne processing facility, I am somewhat struck by the cavalier way that they are going to process this ore as if it is no big deal.

At a minimum, I think it would require significant CapEx expenditures and maybe even a separate facility to handle the ore? That is strange.

]]> By: Kris https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2175 Thu, 06 Oct 2011 06:27:46 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2175 Toly,

For years I’ve had to read that LCM would go bankrupt if REE prices went up. And now you’re just twisting that logic. Quite funny.

And you think juniors without vertical integration will not suffer when lower (L)REE prices hit the market?

We will see in two years….

]]> By: Toly https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2172 Thu, 06 Oct 2011 05:11:46 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2172 I have to disagree Jason, IMO, the vertical integration moniker is costing some of these juniors (and Moly) siginificant resources…

Case in point, GWM. Much has been spent of LCM and it is substantially cash flow negative according to the latest 10q. While the direction of the deficit seemed to be improving, I suspect it was a result of increasing REE prices that quarter. It will be interesting to see if falling REE prices will affect the profitability of LCM, Neo, Silmet and the rest of the “performance metals” companies. A lot will depend on just when the feedstock was purchased and how much was paid. Of course high COGS (cost of goods sold) on the income statement will (negatively) affect the profitability…

Additionally, Moly plans to source concentrate to Silmet which may result in logistic and environmental issues. Regardless, the distraction of administering nascent technologies in an emerging space such as REE’s is costing these fledgling juniors valuable resources… JMHO…

]]> By: GMATRADES https://www.techmetalsresearch.net/is-this-the-site-of-molycorps-new-heavy-rare-earth-prospect/#comment-2169 Thu, 06 Oct 2011 03:34:17 +0000 https://www.techmetalsresearch.net/?p=4364#comment-2169 Why would Molycorp be looking at three other HREE deposits if this new HREE ” find” is so good?

My guess is that Molycorp is about to aquire a major HREE deposit shortly. MCP is pulling the rug out from under the HREE story by coming out with a so called substantial HREE deposit news, then take out a HREE deposit on the cheap? Why has Molycorp been so blatantly underestimating the need for HREE’s and fluffing off the supply/demand issues as not relevant? And of course they will be producing magnets for wind turbines without HREE’s soon as well. lol

Just watch them announce a HREE acquisition soon.

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