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Molycorp
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Originally divested from Chevron, Molycorp produces rare earth oxides out of its Mountain Pass, California facility and is one of the few pure-plays outside of China

Founded in 2008
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Company type Out of Business Public (MCP)
Company type

Industry Group materials & chemicals

Sector industrial materials

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Greenwood Village, CO Greenwood Village, United States
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  • 1 M&A items
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12/21/2010
Hitachi Hitachi
The agreement is a non-binding letter of intent to form joint ventures for the production of rare earth alloys and magnets in the United States and to acquire a license for certain technology related to the production of rare earth metals, alloys and magnets.
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MCP

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Date Investors Type Amount
08/30/2012 (0)
Post-money valuation of
Molycorp will raise as much as $414 million through an offering of notes and common stock.
 Follow-on Public Offering $414,000,000
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