Molycorp expects significantly lower first-half revenue

Wed Jan 23, 2013 7:43am EST

Jan 23 (Reuters) - Rare earth producer Molycorp Inc expects significantly lower-than-estimated revenue and cash flow for the first half of 2013 and said it might have a cash shortfall of about $250 million for the year.

Fourth-quarter revenue and cash flow were also significantly less than expected, the company said in a regulatory filing on Wednesday. ()

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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