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Molycorp Emerges From Bankruptcy, Leaves Mine Behind
Molycorp Inc, and certain of its affiliates emerged from Chapter 11 bankruptcy protection at the end of August. The newly reorganized company, now known as Neo Performance Materials, includes Molycorp's downstream rare earths processing and distribution facilities, but does not include its Mountain Pass, CA, rare earths mine and processing facilities, which were placed on care and maintenance in 2015. Mountain Pass remains in Chapter 11 under a separate bankruptcy proceeding. Neo Performance Materials is organized into three business segments: Neo Chemicals and Oxides, Neo Magnequench, and Neo Rare Metals. Shares of common stock of the former Molycorp Inc, are no longer available for trading. Previous shares of common stock have been canceled with no distribution to the holders.
Molycorp Emerges From Bankruptcy, Leaves Mine Behind
Molycorp Inc, and certain of its affiliates emerged from Chapter 11 bankruptcy protection at the end of August. The newly reorganized company, now known as Neo Performance Materials, includes Molycorp's downstream rare earths processing and distribution facilities, but does not include its Mountain Pass, CA, rare earths mine and processing facilities, which were placed on care and maintenance in 2015. Mountain Pass remains in Chapter 11 under a separate bankruptcy proceeding. Neo Performance Materials is organized into three business segments: Neo Chemicals and Oxides, Neo Magnequench, and Neo Rare Metals. Shares of common stock of the former Molycorp Inc, are no longer available for trading. Previous shares of common stock have been canceled with no distribution to the holders.
Molycorp Emerges From Bankruptcy, Leaves Mine Behind
2016
Aufsatz (Zeitschrift)
Englisch
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