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mick

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mick

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Thursday, 06/07/2018 6:08:00 PM

Thursday, June 07, 2018 6:08:00 PM

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California’s Mountain Pass Mine to be Auctioned in Bankruptcy
Former Molycorp mine is major U.S. source of rare earths; auction has opening offer of $40 million
By Peg Brickley
Updated Feb. 1, 2017 9:34 a.m. ET
The major U.S. source for elements vital to electronics, from cellphones to defense systems, is going up for auction in bankruptcy court, with a $40 million opening offer from an entity identified as Rare Earth Global Partners.

California’s Mountain Pass mine, the sole significant developed source for crucial rare
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