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Molycorp Awarded EPC Contract to KBR

26 July 2011: KBR has been awarded an engineering, procurement and construction (EPC) contract by a wholly owned subsidiary of Molycorp to build a new Chlor-Alkali plant as part of Molycorp’s Project Phoenix.

The $781 million (approx Rs 3475.45 crore) project is to reactivate the company’s rare earth oxides (REO) mine, and expand and modernize its flagship rare earth facility in Mountain Pass, Calif.

Source: Your industry news