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Molycorp is revving up its business with a profitable 2011 on sales of $396.8m, more than ten times its 2010 turnover, and plans to more than quadruple annual production rates as its California mine comes online later this year.

Molycorp ramping up rare earth mine as China demand rises

Molycorp is revving up its business with a profitable 2011 on sales of $396.8m, more than ten times its 2010 turnover, and plans to more than quadruple annual production rates as its California mine comes online later this year.

Molycorp is revving up its business with a profitable 2011 on sales of $396.8m, more than ten times its 2010 turnover, and plans to more than quadruple annual production rates as its California mine comes online later this year.