NewsBlaze search box Daily News header

Explosion: America's Rare Earth Mine Blasts Back to Life


Blast at Mountain Pass Initiates U.S. Rare Earth Mining Again

As the high resolution photo shows, active mining at the Mountain Pass Rare Earth Facility resumed today for the first time since 2002, bringing back into active production one of the world's largest and richest deposits of rare earth minerals outside of China.

Smith says resumption of active mining operations at Mountain Pass is ahead of schedule, underscoring the fact that they are on track to meet their end-of-2012 deadline for achieving a full-scale production rate of 20,000 metric tons per year of rare earth oxide equivalent.

rare earth mine
"While Molycorp has been producing significant quantities of rare earth materials for the past three years, we are very pleased and proud to resume active mining of fresh rare earth ore at Mountain Pass."
Mark A. Smith, Molycorp Chief Executive Officer

The groundbreaking of construction of Molycorp's new, state-of-the-art rare earth oxide manufacturing facility, at Mountain Pass, is scheduled for January 2, 2011.

Molycorp is integrating a wide range of breakthrough technologies at its new facility that will dramatically shrink the environmental footprint of rare earth mining and processing. A short backgrounder on these new technologies can be seen in a PDF on the company's website.

Colorado-based Molycorp, Inc. is the only rare earth oxide, (REO) producer in the Western Hemisphere. They currently produce approximately 3,000 metric tons of commercial rare earth materials per year.

Following the execution of Molycorp's "mine-to-magnets" strategy and the expected completion of its modernization and expansion efforts at its Mountain Pass, California processing facility by the end of 2012, Molycorp expects to produce at a rate of approximately 20,000 metric tons of REO equivalent per year.

Molycorp plans to offer a range of rare earth products, including high-purity oxides, metals, alloys, and permanent magnets.

rare earth blast
Blast: California Rare Earth Mine Starts With a Bang.

  Please leave a comment here     If it does not display within 10 seconds, please refresh the page

Related Business News

Many truck fleets do almost exclusively one-way transportation, many miles with an empty vehicle means they are a cost, not a profit.
The world's shipping companies are looking for new ways to deal with the economic slowdown, including the possibility of mergers being on the table.
The final quarter of 2015 is already shaping up to be the worst for the oil industry since profitability began to decline, worse wven than one year ago.
Trade24, a currency exchange dealer takes on a virtual reality project to save time and money, reduce pollution and support its unschooling programme.
Jobs that allow telecommuting are in high demand and can benefit both employer and worker, but only in small doses, as Veronica Davis discovers.
Pop music icon, Taylor Swift, settled an 18-month long legal dispute arising from her use of the title 'Lucky 13' on merchandise and marketing endeavors.


NewsBlaze Writers Of The Month

Popular Stories This Month

newsletter logo

Copyright © 2004-2015 NewsBlaze Pty. Ltd.
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice               Press Room   |    Visit NewsBlaze Mobile Site