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Molycorp
Molycorp Inc. was an American mining corporation headquartered in Greenwood Village, Colorado. The corporation, which was formerly traded on the New York Stock Exchange, owned the Mountain Pass rare earth mine in California. It filed for bankruptcy in June 2015 after changing competitive circumstances, declining prices on output and a 2014 restructuring. It was purchased by its largest creditor Oaktree Capital Management and was reorganized as Neo Performance Materials. History Roots of the company dates back to 1919 when the Molybdenum Corporation of America, established as a subsidiary of the Electric Reduction Company, started molybdenum ore mining at Questa, New Mexico. In 1950, the Molybdenum Corporation of America bought the Mountain Pass rare earth mine, Mountain Pass mining claims, and began production in 1952. It changed its name to Molycorp in 1974. The corporation was acquired by Union Oil in 1977, which in turn became part of Chevron Corporation in 2005. In 20 ...
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Mountain Pass Rare Earth Mine
The Mountain Pass Mine, owned by MP Materials, is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range in California, southwest of Las Vegas, Nevada. In 2020 the mine supplied 15.8% of the world's rare-earth production. It is the only rare-earth mining and processing facility in the United States. As of 2022, work is ongoing to restore processing capabilities for domestic light rare earth elements (LREEs) and work has been funded by the United States Department of Defense to restore processing capabilities for heavy rare earth metals (HREEs) to alleviate supply chain risk. Geology The Mountain Pass deposit is in a 1.4 billion-year-old Precambrian carbonatite intruded into gneiss. It contains 8% to 12% rare-earth oxides, mostly contained in the mineral bastnäsite. Gangue minerals include calcite, barite, and Dolomite (mineral), dolomite. It is regarded as a world-class rare-earth mineral deposit. The metals that can be extracted from it inclu ...
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Molycorp Silmet
NPM Silmet AS is a rare-earth processor located in Sillamäe, Estonia. It is a subsidiary of Neo Performance Materials. History Pre-war history and World War II History of Silmet dates back to 1926 when Swedish-Norwegian ''Eestimaa Õlikonsortsium'' ( sv, Estländska Oljeskifferkonsortiet; en, Estonian Oil Consortium), controlled by Marcus Wallenberg, was established to build a shale oil extraction plant in Sillamäe. For shale oil production, the consortium built a tunnel oven in 1928. However, due to the Great Depression, production halted in 1930 and was restarted only in 1936 by the reorganized consortium called ''Baltic Oil Company''. The second tunnel oven was added in 1938. The main product was gasoline. After the Soviet occupation started in 1940, the plant was nationalized according to the 30 May 1941 Moscow Agreement between the Soviet Union and Sweden. Germany invaded the Soviet Union in 1941 and the industry's infrastructure was largely destroyed by retre ...
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Silmet
NPM Silmet AS is a rare-earth processor located in Sillamäe, Estonia. It is a subsidiary of Neo Performance Materials. History Pre-war history and World War II History of Silmet dates back to 1926 when Swedish-Norwegian ''Eestimaa Õlikonsortsium'' ( sv, Estländska Oljeskifferkonsortiet; en, Estonian Oil Consortium), controlled by Marcus Wallenberg, was established to build a shale oil extraction plant in Sillamäe. For shale oil production, the consortium built a tunnel oven in 1928. However, due to the Great Depression, production halted in 1930 and was restarted only in 1936 by the reorganized consortium called ''Baltic Oil Company''. The second tunnel oven was added in 1938. The main product was gasoline. After the Soviet occupation started in 1940, the plant was nationalized according to the 30 May 1941 Moscow Agreement between the Soviet Union and Sweden. Germany invaded the Soviet Union in 1941 and the industry's infrastructure was largely destroyed by retre ...
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Rare Earth Elements
The rare-earth elements (REE), also called the rare-earth metals or (in context) rare-earth oxides or sometimes the lanthanides (yttrium and scandium are usually included as rare earths), are a set of 17 nearly-indistinguishable lustrous silvery-white soft heavy metals. Compounds containing rare earths have diverse applications in electrical and electronic components, lasers, glass, magnetic materials, and industrial processes. Scandium and yttrium are considered rare-earth elements because they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties, but have different electronic and magnetic properties. These metals tarnish slowly in air at room temperature and react slowly with cold water to form hydroxides, liberating hydrogen. They react with steam to form oxides, and at elevated temperature (400°C) ignite spontaneously. These elements and their compounds have no biological function other than in several specialized enzymes, su ...
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Rare Earth Elements
The rare-earth elements (REE), also called the rare-earth metals or (in context) rare-earth oxides or sometimes the lanthanides (yttrium and scandium are usually included as rare earths), are a set of 17 nearly-indistinguishable lustrous silvery-white soft heavy metals. Compounds containing rare earths have diverse applications in electrical and electronic components, lasers, glass, magnetic materials, and industrial processes. Scandium and yttrium are considered rare-earth elements because they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties, but have different electronic and magnetic properties. These metals tarnish slowly in air at room temperature and react slowly with cold water to form hydroxides, liberating hydrogen. They react with steam to form oxides, and at elevated temperature (400°C) ignite spontaneously. These elements and their compounds have no biological function other than in several specialized enzymes, su ...
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Questa, New Mexico
Questa is a village in Taos County, New Mexico, United States. The population was 1,770 at the 2010 census. The village has trails into the Rio Grande Gorge, trout fishing, and mountain lakes with trails that access the Sangre de Cristo Mountains that overlook the area. Questa is on the Enchanted Circle Scenic Byway, near the confluence of the Rio Grande and the Red River. The "Gateway to the Rio Grande del Norte Monument", its visitors can drive to an overlook of the Red River meeting the Rio Grande in the depth of the gorge. The Carson National Forest parallels Questa to the east. The Columbine Hondo Wilderness and Latir Peak Wildness are in the Carson National Forest close to Questa. With a large Hispanic population, the village economy was historically largely dependent on agriculture and income from a now-closed Chevron molybdenum mine. Many residents also commute to Taos, Red River, and Angel Fire to work in the hospitality industries there. Geography Questa is at ...
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Greenwood Village, Colorado
The City of Greenwood Village is a home rule municipality located in Arapahoe County, Colorado, United States. The city population was 15,691 at the 2020 United States Census. Greenwood Village is a part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and the Front Range Urban Corridor. History The town was named for the Greenwood Ranch. It was developed during the 1860s when settlers came from the East and Midwest looking for gold. By the early 1900s, it had become a farming community. Geography At the 2020 United States Census, the town had a total area of including of water. Demographics As of the census of 2000, there were 11,035 people, 3,997 households, and 3,097 families residing in the city. The population density was . There were 4,206 housing units at an average density of . The racial makeup of the city was 93.90% White, 1.14% African American, 0.19% Native American, 2.55% Asian, 0.05% Pacific Islander, 0.61% from other races, and 1.57% f ...
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Unocal
Union Oil Company of California, and its holding company Unocal Corporation, together known as Unocal was a major petroleum explorer and marketer in the late 19th century, through the 20th century, and into the early 21st century. It was headquartered in El Segundo, California, United States. Unocal was involved in domestic and global energy projects. Unocal was one of the key players in the CentGas consortium, which attempted to build the Trans-Afghanistan Pipeline to run from the Caspian area, through Afghanistan, to the Indian Ocean, at a time after the Taliban siege of Kabul in 1996. On August 10, 2005, Unocal merged its entire upstream petroleum business with Chevron and became a wholly-owned subsidiary. Unocal then ceased operations as an independent company, but continues to conduct many operations as Union Oil Company of California, a Chevron company. History The Union Oil Company of California was founded on October 17, 1890, in Santa Paula, California, by Lyman ...
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Neodymium Magnet
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Companies Based In Colorado
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Companies Formerly Listed On The New York Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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MarketWatch
MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with ''The Wall Street Journal'' and ''Barron's'', it is a subsidiary of Dow Jones & Company, a property of News Corp. History The company was conceived as DBC Online by Data Broadcasting Corp. in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News run by Larry Kramer and with Thom Calandra as editor-in-chief. In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite only $7 million in annual revenues. In June 2000, the company formed a j ...
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