Molycorp is a rare earth oxide producer. Rare earths are used in 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; and advanced water treatment technology for use in industrial, military and outdoor recreation applications. Co. sells its XSORBX® products for commercial use in the wastewater, recreation, pool and spa, industrial process and other water treatment markets.
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