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Where Molycorp mines rare earth elements (panoramas)

MOUNTAIN PASS, Calif.--Here in a hot, dusty corner of Southern California desert, a set of 17 chemical elements in the periodic table--so critical to advanced technology industries that they're a matter of national security--are being unearthed. Molycorp's rejuvinated $500 million facility, now under construction and set for completion in July 2012, will reduce the environmental impacts of the rare-earth-element-mining process and dramatically cut costs, providing a homegrown source for the elements used in so many national defense, energy, and consumer electronics products. This week, I toured the facility here, the only place in the United States that … Read more