Las Vegas, NV -- (SBWIRE) -- 12/20/2013 -- Molycorp Inc (NYSE:MCP) serves in the mineral exploration industry. The company focuses mainly on the rare element. It offers products that are made of rare elements like molybdenum, bastnasite, lanthanum, neodymium, praseodymium, cerium, europium, yttrium, and other lanthanides.
Molycorp declared that its last multi-stage Cracking Plant unit is operational. The company completed commissioning at this plant located at Mountain Pass. The Plant adds to the company’s chemical process that will enhance facility of MCP for recovery, production and finalizing of rare earth methods.
The company’s member of Board of Directors Ross R. Bhappu shared his plan on December 5, 2013 to resign from his position. The company says that the disagreement did not follow any disagreement between MCP and him. The company thanks him for his services.
Molycorp appointed Constantine Karayannopoulos as the Chairman of the Board on December 10, 2013. He joins the office from December 19, 2013.
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