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Press release from Business Wire

Molycorp to Report Third Quarter 2011 Financial Results on November 10

<p> <i><b>Conference Call to Follow at 4:30 P.M. Eastern</b></i> </p>

Wednesday, October 19, 2011

Molycorp to Report Third Quarter 2011 Financial Results on November 1009:36 EDT Wednesday, October 19, 2011 GREENWOOD VILLAGE, Colo. (Business Wire) -- Molycorp, Inc. (NYSE: MCP), the Western hemisphere's only producer of rare earth oxides and the world's leading producer of rare earth oxides outside of China, announced today it will release financial results for the third quarter ended September 30, 2011, after the market closes on Thursday, November 10. 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 James Allen, Treasurer and Chief Financial Officer, will host the call. Calling from the U.S.: Investors and news media representatives interested in participating in the live call from the U.S. should dial +1 (888) 334-3032 and reference confirmation number 7475624. Calling from outside the U.S.: Those calling from outside the U.S. should dial +1 (719) 457-2674 and use the same confirmation number as above. A telephone replay will be available approximately two hours after the call concludes through Thursday, November 24, 2011 by dialing +1 (877) 870-5176 from the U.S., or +1 (858) 384-5517 from international locations, and entering pass code: 7475624. 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 for 180 days. About Molycorp, Inc. With offices in the U.S., Europe, and Japan, Molycorp, Inc. is the only rare earth oxide (REO) producer in the Western Hemisphere and the largest REO producer outside of China. In addition to its current production of rare earth oxides at its flagship rare earth mine and processing facility at Mountain Pass, California, the Company produces rare earth metals, rare earth alloys (such as neodymium-iron-boron and samarium-cobalt alloys) and rare metals such as niobium and tantalum. The rare earths and rare metals Molycorp produces are critical inputs in existing and emerging applications including: clean energy technologies, such as hybrid and electric vehicles and wind power turbines; multiple high-tech uses, including fiber optics, lasers and hard disk drives; numerous defense applications, such as guidance and control systems and global positioning systems; advanced water treatment technology for use in industrial, military and outdoor recreation applications; and other technologies. For more information, please visit www.molycorp.com. Molycorp, Inc.Investor RelationsBrian Blackman, +1 303-843-8067Senior Manager, Investor RelationsIR@molycorp.comorMedia RelationsJim Sims, +1 303-843-8062Vice President Corporate Communicationsjim.sims@molycorp.com