Shares of Molycorp Squeezed Higher
Posted on December 10, 2012 at 15:01 PM EST
Shares of Molycorp (NYSE: MCP ), a leading rare earths and rare metals company, soared on Monday amid positive speculation about the company's future mining operations. The company produces magnetic materials and custom engineered products from the rare earth metals gallium, indium, rhenium, tantalum, and niobium; as well as the