Replies to post #7394 on Molycorp.Inc. (fka MCPIQ)

[mick]

i see please consult USPTO staff. is dis ah new ownership ?????

can dis be bought now USPTO ?????

did USPTO buy assets [pending]

https://assignment.uspto.gov/patent/index.html#/patent/search/result?id=Molycorp&type=patAssignorName

you on target my friend

so MOLY was in receivership all dis time ?????


Assignor name MOLYCORP
Assigned properties (11)
Note: Results display only for issued patents and published applications. For pending or abandoned applications, please consult USPTO staff.
Patent number Publication number Application number PCT number International registration number Assignor name
8956582 20120058029 13255541 MOLYCORP MINERALS CANADA ULC
10179942 20150197826 14558546 MOLYCORP MINERALS, LLC
10577259 20180222772 15948558 MOLYCORP MINERALS, LLC
9975787 20150251927 14642446 MOLYCORP MINERALS, LLC
NONE 20090107925 11931616 MOLYCORP MINERALS, LLC
NONE 20090107925 11931616 MOLYCORP MINERALS, LLC
NONE 20100155330 12616653 MOLYCORP MINERALS, LLC
NONE 20120328681 13608866 MOLYCORP MINERALS, LLC
NONE 20150251926 14642324 MOLYCORP MINERALS, LLC
NONE 20180201519 15923719 MOLYCORP MINERALS, LLC
7338603 11190472 MOLYCORP, INC.
This searchable database contains all recorded Patent Assignment information from August 1980 to the present.

When the USPTO receives relevant information for its assignment database, the USPTO puts the information in the public record and does not verify the validity of the information. Recordation is a ministerial function--the USPTO neither makes a determination of the legality of the transaction nor the right of the submitting party to take the action.

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[TradingCharts]

i wish some company would pickup on moly
huge reserves

It was sold.


Molycorp Inc.
It filed for bankruptcy in June 2015 after changing competitive circumstances, declining prices on output and a 2014 restructuring. It was purchased by its largest creditor Oaktree Capital Management and was reorganized as Neo Performance Materials.

https://www.google.com/search?q=what+happened+to+molycorp.inc+property&newwindow=1&ei=5heXYJzuHM65tQa_ppToBA&oq=What+happened+to+molycorp.inc+proprty&gs_lcp=Cgdnd3Mtd2l6EAEYADIHCCEQChCgATIHCCEQChCgATIHCCEQChCgAToECAAQHjoGCAAQCBAeOggIABAIEAcQHjoFCCEQqwI6BwghEAoQqwI6BAghEAo6BQghEKABULvuOFjQ6Tpgkvk6aAFwAHgAgAHKAYgBuxySAQYxLjI3LjGYAQCgAQGqAQdnd3Mtd2l6wAEB&sclient=gws-wiz

[TradingCharts]

The Mountain Pass deposit was discovered in 1949 by Herbert S. Woodward, Clarence Watkins and P. A. Simon, who noticed anomalously high radioactivity.[7] Molybdenum Corporation of America bought most[8] of the mining claims, and began small-scale production in 1952.

Production expanded greatly in the 1960s, to supply demand for europium used in color television screens. Between 1965 and 1995, the mine supplied most of the worldwide rare-earth metals consumption.[9]

Molybdenum Corporation of America changed its name to Molycorp in 1974. The corporation was acquired by Union Oil in 1977, which in turn became part of Chevron Corporation in 2005.[10]

In 1998, the mine's separation plant ceased production of refined rare earth compounds; it continued to produce bastnäsite concentrate.[11]

The mine closed in 2002 due to environmental restrictions and competition from Chinese suppliers, though processing of previously mined ore continued.[12]

In 2008, Chevron sold the mine to privately held Molycorp Minerals LLC, a company formed to revive the Mountain Pass mine. Molycorp announced plans to spend $500 million to reopen and expand the mine, and on July 29, 2010, it raised about $400 million through an initial public offering, selling 28,125,000 shares at $14 under the ticker symbol MCP on the New York Stock Exchange.[13]

In December 2010, Molycorp announced that it had secured all the environmental permits needed to build a new ore processing plant at the mine; construction would begin in January 2011, and was expected to be completed by the end of 2012. On August 27, 2012, the company announced that mining had restarted.

The processing plant was in full production on June 25, 2015, when Molycorp filed for Chapter 11 bankruptcy with outstanding bonds in the amount of $US 1.4 billion. The company's shares were removed from the NYSE.

In August 2015, it was reported that the mine was to be shut down.

On August 31, 2016, Molycorp Inc. emerged from bankruptcy as Neo Performance Materials, leaving behind the mine as Molycorp Minerals LLC in its own separate Chapter 11 bankruptcy. As of January 2016, its shares were traded OTC under the symbol MCPIQ.

Mountain Pass was acquired out of bankruptcy in July 2017 with the goal of reviving America's rare earth industry.[14][15][16][17] MP Materials resumed mining and refining operations in January 2018.[18]

Current ownership
MP Materials is 51.8%-owned by US hedge funds JHL Capital Group (and its CEO James Litinsky) and QVT Financial LP, while Shenghe Resources Holding Co. Ltd., a partially state-owned enterprise of the Government of China, holds an 8.0% stake. Apart from institutions, the public owns 18%.[19][20]

https://en.wikipedia.org/wiki/Mountain_Pass_mine