1. Molycorp Minerals Rare Earths CompanyBy
Dave Kinney
Brian Guo

2. Company Overview Rare earth elements (REE) mining company
Sector: Basic materials
Industry: Industrial metals and minerals
Re-founded in 2008 in Greenwood Village, Colorado

3. What are Rare Earth Elements?
17 chemical elements on the periodic table
Uses: Electronics, glass, ceramics, metal alloys, magnets, catalysts, and others
MCP: Clean Energy, defense, high-tech app, and water treatment

4. Many Uses of Rare Earths

5. Clean Energy Wind turbines Florescent lighting Hybrid Vehicles
Pollution control

6. High-tech Defense Cell phone MP3 players Ear buds & headphones
Hard drives
Camera lenses
Glass (scanners & copiers)
MRI/X-ray/PET machines
Sonar
Radar
Precision guided ammunition
Mine detection
Optical equipment

7. Industry Overview China supplies > 90% of REEs
December 2010 China announced a 11% reduction in export quota
CEO Mark Smith  Congress “Senior Chinese officials relayed to me last week, both privately and through public statements, that China has no intention of remaining the world’s major supplier of rare earths and that it will continue to shift its focus to domestic demand”

8. Supply & Demand

10. Project Phoenix

11. Supply Risk

12. Financial Snapshot OPM FY2010: -140.77% OPM (ttm): 14.66%
OPM (Last Quarter) : 42.10%
Quick Ratio (LQ) : 6.73
Debt / Equity (LQ) : 24.22%