Molycorp.Inc. (fka MCPIQ)

[wiredawg]

If the "Mark Smith" quote is correct;probably the reason MCP is in the crapper...REE wall-street hype...

In fact, it is peppered with quotes from Molycorp's (then) CEO Mark Smith, including "Your iPhone doesn't work without rare earths in there." I will get to why this is the case below. But what the article doesn't mention is that most of Molycorp's production is from just two of these metals - cerium and lanthanum - and a small amount comes from two others - neodymium and praseodymium. The others - europium, gadolinium, terbium and dysprosium - are produced exclusively in China, with very minor exceptions.