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Bullboard - Stock Discussion Forum Molycorp Inc MCPIQ

"Neo Performance Materials is a supplier of advanced materials used in a wide range of technology applications across many sectors. Its products include Neo Chemicals and Oxides, Neo Magnequench (magnetic materials and alloys), and Neo Rare Metals."

OTCPK:MCPIQ - Post Discussion

Molycorp Inc > Arrest at Malaysian Rare Earths Refinery
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Post by Endorse on Jun 27, 2014 10:48am

Arrest at Malaysian Rare Earths Refinery

https://thediplomat.com/2014/06/arrests-at-malaysian-rare-earths-refinery-protests/

As companies vie for their slice of the lucrative rare earth pie, China is dealing with the devastation of decades of mostly unregulated rare earth mining and refining, spending billions to rectify the damage. In 2012, the government released a white paper which conceded that: “Excessive rare earth mining has resulted in landslides, clogged rivers, environmental pollution emergencies and even major accidents and disasters, causing great damage to people’s safety and health and the ecological environment.’’

The above mentioned environmental catastrophe caused by the Chinese is why Molycorp is on the right track and more business should move in it's direction.
Comment by mullinmichae on Jun 27, 2014 10:54am
This post has been removed in accordance with Community Policy
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