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From corporate news at NEO Material Technologies Inc. (Magnequench) Nov. 10 2011

NEO Materials Technologies (TSX: NEM) today reported its financial results for the 3 months and 9 months periods ended Sep. 30 2011. Revenues continued to increase for the 10th consecutive quater and reached record high level of $248 millions, compared to $216 millions for the previous quater, and $91 millions for the third quater in 2010.

 

 

From: Yahoo Finance

GREENWOOD VILLAGE, Colo., Sep 13, 2011 (BUSINESS WIRE) -- Molycorp, Inc. (NYSE:MCP), the Western hemisphere's only producer of rare earth oxides (REO) and the largest REO producer outside of China, today announced that it is making a significant investment in Boulder Wind Power, which has designed a rare earth magnet powered wind turbine generator that can produce electricity as low as $0.04 per kilowatt-hour.

Read more: Molycorp Invests in Groundbreaking Wind Energy Technology Company
 

Landisville, PA, (February 4, 2011) — Electron Energy Corporation (“EEC”) of Landisville, Pennsylvania announces that it has signed a Letter of Intent (“LOI”) with Great Western Minerals Group Ltd. (“GWMG” or the “Company”, TSX:V – GWG) to obtain supplies of samarium metal, gadolinium metal and samarium-cobalt alloys used by EEC to manufacture magnets and magnet systems.

Read more: Great Western Minerals Group Signs Letter of Intent to Supply Rare Earth Alloys to U.S. Based...
 

GREENWOOD VILLAGE, Colo. (7 a.m. Eastern, Oct 24, 2011) -- Molycorp, Inc. (NYSE: MCP), the Western hemisphere's only producer of rare earth oxides and the world's leading producer of rare earth oxides outside of China, announced today that it has purchased the remaining shares of Molycorp Silmet AS, one of only two rare earth processing companies in Europe. Molycorp now owns 100% of the Sillamäe, Estonia-based facility, known as Molycorp Sillamäe.

Read more: Molycorp Purchases Remaining Shares of European Rare Earth Processing Company
 

GREENWOOD VILLAGE, CO (11:30 a.m. Eastern, November 28, 2011) – Molycorp, Inc. (NYSE: MCP) (Molycorp), Daido Steel Co., Ltd. (Daido), and Mitsubishi Corporation (Mitsubishi) today announced the formation of a joint venture to manufacture and sell next-generation neodymium-iron-boron (NdFeB) permanent rare earth magnets.

Read more: Molycorp, Daido Steel, & Mitsubishi Corporation Announce Joint Venture To Manufacture Sintered...
 

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