Replies

To: UCANSEE2

The largest rare earth minerals mine in the U.S. is Molycorp's Mountain Pass mine in California (which is currently shut, I think).

21 posted on 10/02/2010 8:25:24 AM PDT by 1rudeboy

To: 1rudeboy

Molycorp (MCP) was up 4.5% yesterday, and has doubled in price in the last three months. I wonder how many members of Congress own shares?

24 posted on 10/02/2010 8:41:47 AM PDT by mac_truck ( Aide toi et dieu t aidera)

To: 1rudeboy

IIRC (which is getting more unlikely ), The reason it was shut was that Importing from China was cheaper.

There may have been some political skullduggery (there always is), but I think this is one mine we could re-open.

The others, in the Escalante and Staircase are, now, untouchable.

28 posted on 10/02/2010 6:40:13 PM PDT by UCANSEE2 (lame and ill-informed post)

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