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Molycorp Gets Nod For $22M Interim Loan From Oaktree

By Jamie Santo ( July 2, 2015, 9:58 PM EDT) -- A Delaware bankruptcy judge gave Molycorp Inc. the green light for $22 million in much-needed financing on Thursday, allowing the rare-earth company go with a interim debtor-in-possession loan from secured creditor Oaktree Capital Management LP rather than a competing financing package offered by bondholders....

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