Molycorp to Present at Upcoming Investor Conferences

Molycorp, Inc. (NYSE: MCP), the Western hemisphere's only producer of
rare earth oxides (REO) and the largest REO producer outside of China,
announced that it will present to the investment community at the
following investor conferences during the month of September 2011 in New
York, New York and San Francisco, California.

September 14, 2011 at 3:45 PM EDT: ThinkEquity G8 Conference in New
York. Webcast available at: http://wsw.com/webcast/tep21/mcp/

September 15, 2011 at 8:35 AM PDT: Wedbush CTI Conference in San
Francisco. Webcast available at: http://wsw.com/webcast/wedbush18/mcp/

September 26, 2011: Oppenheimer 6^th Annual Industrials
Conference in New York. No webcast available, 1x1 participation only.

September 27, 2011: Credit-Suisse Future of Clean Energy Conference in
New York. No webcast available, 1x1 participation only.

Investors interested in meeting with the company at any of these events
should contact the respective sales desk for additional information.

About Molycorp, Inc.

Colorado-based Molycorp, Inc. is the only rare earth oxide, or REO,
producer in the Western hemisphere and own the world′s largest, most
fully developed rare earth project outside of China. Rare earths are
critical inputs in existing and emerging 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. For more information please visit www.molycorp.com.

Molycorp, Inc.

Brian Blackman, +1 303-843-8067

Senior Manager,
Investor Relations

IR@molycorp.com

or

ICR,
LLC

Gary T. Dvorchak, CFA, +1 310-954-1123

Senior Vice
President

Gary.dvorchak@icrinc.com