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DownWithPumpers

08/20/14 4:39 PM

#2904 RE: RareEarths #2895

"China has not demonstrated that the export quotas that China applies to various forms of rare earths, tungsten and molybdenum by virtue of the series of measures at issue are justified," the document's conclusion stated.

Increased exports should lower prices. How is that good for a company like Molycorp that has no chance of ever selling its products for a profit?

8/20/11 -> 48.65
8/20/12 -> 10.02 down 79.5% for the year
8/20/13 -> 5.98 down 40.3% for the year
8/20/14 -> 1.94 down 67% for the year

If Molycorp matches its best year it could be as high as 1.16 (.403 * 1.94) in 12 months.