MCP is representing our future Because It is produ
Post# of 97987
MCP's share price increased to 79 dollars during the rare earth prices soars in 2011. The company brings to full production their modern facility in California: https://www.youtube.com/watch?v=id8hDUT5nHQ&a...dKd9hp8jww
Since the beginning of 2015 Rare Earths prices have been going up: http://www.supplymanagement.com/news/2015/rar...Oa9mq.dpuf
Also China started to control illegal Rare Earth mines.. I means Rare Earth prices will soar again Because of the huge demand.
You must think Why Europe's Giant Company made 10 years contract with MCP last week. Because of their huge order 11 billion Euro Wind Tribunes order..
Do you know? A big Wind Tribunes uses 2 ton Magnet, which is production of rare earths: http://geology.com/articles/rare-earth-elements/
http://www.molycorp.com/products/rare-earths-...an-energy/
Do you know without rare earth it is not possible to produce hybrid and electrical Cars?
For Example: Each Toyota Prius needs 25 pounds rare Earth mines. So far over 4.8 million Toyota Prius are on the market:
http://www.molycorp.com/products/rare-earths-...-vehicles/
http://en.wikipedia.org/wiki/Toyota_Prius
I am thinking MCP is fits TESLA, CEO Elon Mask has Solar City company plus Rocket company.. All need rare earth.
Do you know? Smart phones is a part of our life and future. Without Rare Earths it is not possible to produce smart phones. So APPLE needs MCP.
Don you Know A MRI machine needs over 1500 pounds of magnets : http://www.molycorp.com/products/rare-earths-...hnologies/
Do you know for CLEANING FOR WATER we need Rare Earts:
http://www.molycorp.com/technology/green-elem...ean-water/
Do you know without Rare Earths is not possible to make a F-35 fighter Jets, each of them uses half ton rare earths. Not possible to produce guided smart missiles..MCP is a vital company for the North America's security:
http://www.cbsnews.com/news/rare-earth-elemen...ley-stahl/
I believe Siemens's 10 years contract is just beginning of the MCP story.
: http://money.cnn.com/news/newsfeeds/articles/...128853.htm