Interview With Molycorp's Mark Smith: Reviving the U.S. Rare Earth Sector

Hard Assets Investor submits:

In this, the first of two interviews, Hard Asset Investor's Tom Vulcan talks with Mark Smith, president and CEO of Molycorp, Inc. (MCP), the Western Hemisphere's only producer of rare earth oxide, about the revival of the rare earths manufacturing supply chain in the U.S., rare earths in green energy applications, and new sources of rare earths and recovery rates.

Tom Vulcan (Vulcan): With Molycorp moving forward as it is, and with a number of other prospects in North America looking as if they have at least some chance of actually producing rare earths, do you see any serious re-creation or revival of the rare earths manufacturing supply chain in the U.S.?

Mark Smith (Smith): There is no doubt in my mind that you are going to see a re-creation and revival of the rare earth manufacturing supply chain in the U.S., particularly as it relates to mining through magnets.

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