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Molycorp Soars
By: MarketMinute.com Stock News
Posted on June 20, 2012 at 11:37 AM EDT

Shares of Molycorp Inc. (Nasdaq: MCP) soared $2.27 to $22.93 after China said that its rare earth reserves totaled only 23% of global total rather than the 36% reported by the United States Geographical Survey.


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