Molycorp (NYSE: MCP) is rapidly increasing production but the company is still losing money on rare-earth minerals. The big question for investors is: What will happen to prices and profits when production goes from 7,000 metric tons to 40,000 metric tons? The Motley Fool's Erin Miller sat down with Fool.com contributor Travis Hoium to see why he still doesn't see a reason to buy the stock even though production is picking up.
Falling prices have Molycorp stuck between a rock and a hard place.
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.