Molycorp to Report Second Quarter 2012 Financial Results on August 2

Conference Call to Follow at 4:30 p.m. Eastern

GREENWOOD VILLAGE, Colo.--()--Molycorp, Inc. (NYSE: MCP) today announced that it will release financial results for the second quarter ended June 30, 2012, after the market closes on Thursday, August 2, 2012. Release of Molycorp’s financial results will be followed by an investor conference call at 4:30 p.m. Eastern. Mark Smith, President and Chief Executive Officer, and Michael Doolan, Executive Vice President and Chief Financial Officer, will host the call.

Investors and news media representatives interested in participating in the live call from the U.S. should dial +1 (866) 783-2139 and reference passcode number 62830722. Those calling from outside the U.S. should dial +1 (857) 350-1598 and reference the same passcode as above.

There will also be a simultaneous live audio webcast available on the Investor Relations section of the Company’s website at http://www.molycorp.com/investors. The webcast will be archived on the website.

About Molycorp, Inc.

Molycorp is one of the world's leading rare earths and rare metals companies, and combines a world-class rare earth resource at Mountain Pass, California, with world-leading ultra-high-purity rare earth and rare metal materials processing capabilities. With 26 locations across 11 countries, Molycorp is vertically integrated across the global rare earth mine-to-magnetics supply chain. It produces custom engineered materials from 15 different rare earths, with purity levels of up to 6N (99.9999%), and from six other metals (niobium, tantalum, gallium, indium, rhenium, and zirconium) at purity levels of up to 8N (99.999999%). Through its Molycorp Magnequench subsidiary, the Company is a leading global producer of neodymium-iron-boron (NdFeB) magnet powders, used to manufacture bonded NdFeB permanent rare earth magnets. Through its joint venture with Daido Steel and Mitsubishi Corporation, Molycorp expects to begin manufacturing next-generation, sintered NdFeB permanent rare earth magnets in early 2013. The rare earths and rare metals materials that Molycorp produces are critical inputs in wide variety of existing and emerging applications, including the following: advanced transportation technologies, such as hybrid electric, plug-in hybrid electric, and all-electric vehicles; clean energy technologies, such as solar and wind power systems; energy efficiency technologies, such as high efficiency motors and appliances, compact fluorescent lights, and color displays; computing and communications applications, including fiber optics, lasers, and hard disk drives; defense and aerospace applications, such as satellites, guidance and control systems, and global positioning systems; and advanced water treatment technologies for use in municipal wastewater, industrial wastewater, pool & spa, and outdoor recreation applications. For more information please visit www.molycorp.com.

Contacts

Molycorp, Inc.
Jim Sims, +1 303-843-8062
Vice President, Corporate Communications
Jim.Sims@Molycorp.com
or
Brian Blackman, +1 303-843-8021
Senior Manager, Investor Relations
Brian.Blackman@Molycorp.com

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Contacts

Molycorp, Inc.
Jim Sims, +1 303-843-8062
Vice President, Corporate Communications
Jim.Sims@Molycorp.com
or
Brian Blackman, +1 303-843-8021
Senior Manager, Investor Relations
Brian.Blackman@Molycorp.com