Molycorp (MCP) Shares on the Move as Co. Modifies Major Supply Contract
Tweet
Share
E-mailGet Alerts MCP Hot Sheet
Join SI Premium – FREE
Molycorp, Inc. (NYSE: MCP) announced Thursday that one of its major supply contracts has been modified to allow for a higher maximum price to be paid to Molycorp for the lanthanum it manufactures in 2011 and 2012 at its current Mountain Pass, California operating facility for this customer.
Modifications to the supply contract, which covers production in 2011 and 2012, are effective July 1, 2011. Terms were not disclosed.
Modifications to the supply contract, which covers production in 2011 and 2012, are effective July 1, 2011. Terms were not disclosed.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing names Ryan Shedd as new SVP and controller
- Cytek faces $56M damages award in Beckman Coulter patent case
- Gray Media closes $750M note offering to refinance higher-rate debt
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
