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Molycorp forms joint venture with Mitsubishi and Daido Steel to manufacture rare earth magnets

December 2011

Client(s) Molycorp Minerals, Inc.

Jones Day advised Molycorp Minerals LLC with its entry into a Japanese joint venture with Mitsubishi Corporation and Daido Steel.

This joint venture will manufacture and sell next-generation neodymium-iron-boron (NdFeB) permanent rare earth magnets.

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