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Molycorp quiet period ends September 6

September 1, 2010
MCP

Molycorp, the only rare earth oxide (REO) producer in the Western Hemisphere, will see its quiet period end on Monday, September 6th. On July 28th, the company raised $394 million by offering 28.1 million shares at $14, below the range of $15-$17. Morgan Stanley and J.P. Morgan acted as lead managers on the deal.