Molycorp To Report Fourth Quarter 2010 Financial Results on March 9
- Conference Call to Follow at 4:30 p.m. EDT -
Molycorp Inc. (NYSE: MCP) announced today it will release financial
results for the fourth quarter ended December 31, 2010 after the market
closes on Wednesday, March 9, followed by an investor conference call at
4:30 p.m. EDT. Mark Smith, Chief Executive Officer, and James Allen,
Chief Financial Officer, will host the call.
Investors interested in participating in the live call from the U.S.
should dial +1 (888) 576-4394 and reference confirmation number 7735109.
Those calling from outside the U.S. should dial +1 (719) 325-2395 and
use the same confirmation number. A telephone replay will be available
approximately two hours after the call concludes through Wednesday,
March 23, 2011 by dialing +1 (877) 870-5176 from the U.S., or +1 (858)
384-5517 from international locations, and entering passcode: 7735109.
There will also be a simultaneous live audio webcast available on the
Investor Relations section of the Company's website at www.molycorp.com.
The webcast will be archived on the website for 365 days.
About Molycorp
Colorado-based Molycorp, Inc. is the only REO producer in the Western
Hemisphere and currently produces 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 2012 completion
of Phase 1 of its modernization and expansion efforts at its Mountain
Pass, California processing facility, Molycorp expects to produce at a
rate of approximately 19,050 metric tons of REO equivalent per year. The
Company expects to achieve an annual production capacity by the end of
2013 of approximately 40,000 metric tons of REO equivalent per year
after the completion of Phase 2. Molycorp intends to provide to the
market a range of rare earth products, including high-purity oxides,
metals, alloys, and permanent magnets.
Investor Relations:
ICR, LLC
Gary T. Dvorchak, CFA, +1
310-954-1123
Senior Vice President
Gary.Dvorchak@icrinc.com
or
Company:
Molycorp
Inc.
Jim Sims, +1 303-843-8067
Director of Public Affairs
Jim.Sims@Molycorp.com