Getting your player ready...
Greenwood Village-based Molycorp announced Monday that it hired BNP Paribas Securities to arrange a debt facility of up to $150 million to be used primarily as part of the financing of Molycorp’s rare-earth-products supply-chain project.
Molycorp is producing 3,000 tons of rare-earth products per year and plans to modernize and expand its Mountain Pass, Calif., facility to produce 20,000 tons of products by the end of 2012.
