Molycorp says Michael F. Doolan will become CFO

Smith will continue to service as President and Chief Executive Officer of Molycorp, as well as a Director of Molycorp. Constantine Karayannopoulos will join Molycorp's Board of Directors as Vice Chair and will remain active in the business. Michael F. Doolan will become Executive Vice President and Chief Financial Officer of Molycorp. James S. Allen will serve as Senior Vice President of Finance, and Treasurer, of Molycorp.