Exhibit 99.1



UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
In re Molycorp, Inc., et al., Debtors	Case No. 15-11357 (CSS)
	Reporting Period: January 2016



MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month.
REQUIRED DOCUMENTS	Form No.	Document Attached	Explanation Attached	Affidavit/Supplement Attached
Schedule of Cash Receipts and Disbursements	MOR-1	X
Bank Reconciliation (or copies of debtor's bank reconciliations)	MOR-1a	X
Schedule of Professional Fees Paid	MOR-1b	X
Copies of bank statements			X
Cash disbursements journals
Statement of Operations	MOR-2	X
Balance Sheet	MOR-3	X
Status of Postpetition Taxes	MOR-4	X
Copies of IRS Form 6123 or payment receipt
Copies of tax returns filed during reporting period
Summary of Unpaid Postpetition Debts	MOR-4	X
Listing of aged accounts payable	MOR-4	X
Accounts Receivable Reconciliation and Aging	MOR-5	X
Debtor Questionnaire	MOR-5	X
I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.
___________________________	___________________________
Signature of Debtor	Date
___________________________	___________________________
Signature of Joint Debtor	Date
/s/ Michael F. Doolan	February 29, 2016
Signature of Authorized Individual*	Date
Michael F. Doolan	Executive Vice President and Chief Financial Officer
Printed Name of Authorized Individual	Title of Authorized Individual
* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.

General Notes to the Monthly Operating Report ("MOR")

The Chapter 11 Cases

On June 25, 2015 (the "Petition Date"), Molycorp, Inc. (the “Company”), certain of its direct and indirect wholly owned domestic subsidiaries and certain of its foreign subsidiaries in Canada, Barbados and Luxembourg (collectively with the Company, the “Debtors”) each commenced a case (collectively, the “Chapter 11 Cases”) by filing a voluntary petition for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Court”). The Debtors are continuing in possession of their properties and are managing their businesses, as debtors-in-possession, in accordance with the applicable provisions of the Bankruptcy Code and orders of the Court. The Company’s operating subsidiaries in Hong Kong, China, Thailand, Sri Lanka, Japan, Korea, Germany, United Kingdom, Estonia and Singapore are not Debtors under the Chapter 11 Cases. In addition, the Company’s majority owned joint venture in Quapaw, Oklahoma, is not a Debtor under the Chapter 11 Cases. The Chapter 11 Cases are styled In re Molycorp, Inc., et al, U.S. Bankruptcy Court, District of Delaware, Case No. 15-11357.

Although the Chapter 11 Cases triggered defaults for certain of the Debtors’ debt obligations, creditors are stayed from taking any actions as a result of such defaults. Substantially all of the Debtors' pre-petition liabilities are subject to settlement under a reorganization plan. As a result of the Chapter 11 Cases, the realization of assets and the satisfaction of liabilities are subject to uncertainty. The Debtors, operating as debtors-in-possession under the Bankruptcy Code, may, subject to approval of the Court, sell or otherwise dispose of assets and liquidate or settle liabilities for amounts other than those reflected in certain financial information herein disclosed. In addition, a confirmed reorganization plan or other arrangement may materially change the amounts and classifications of assets and liabilities herein disclosed.

The U.S. Trustee for the District of Delaware (the "U.S. Trustee") has appointed an official committee of unsecured creditors (the “UCC”). The UCC is organized to represent the interests of all creditors that have unsecured claims against the Debtors. The UCC and its legal representatives have a right to be heard on all matters affecting the Debtors that come before the Court. There can be no assurance that the UCC will support the Debtors' positions on matters to be presented to the Court in the future or on any reorganization plan, once proposed. This could materially change the amounts and classifications of assets and liabilities herein disclosed.

Debtor-In-Possession Financing

On July 2, 2015, the Company received approval from the Court, pursuant to an interim order, to borrow an aggregate of $22.0 million in interim debtor-in-possession financing provided by an affiliate of Oaktree Capital Management ("Oaktree"). On July 24, 2015, the Court, pursuant to a final order, approved a Secured Superpriority Debtor-In-Possession Credit Agreement between the Company, Oaktree and other lenders for an additional aggregate of $113.4 million. For more information, readers are referred to the Company's report on Form 10-Q for the quarterly period ended June 30, 2015 filed with the Securities and Exchange Commission on August 17, 2015.

Basis of presentation

The financial statements and supplemental information contained herein are unaudited, limited in scope, cover a limited time period, and have been prepared solely for the purpose of complying with the monthly reporting requirements for the Debtors, as set forth by the Court, and is in a format intended to meet the requirements for the Debtors, as set forth by the U.S. Trustee.

Except for cash receipts and disbursements, the financial statements and supplemental information contained herein are prepared on an accrual basis. However, this MOR is not prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and does not include all of the information and footnotes required by GAAP. Therefore, there can be no assurance that the financial information presented herein is complete and readers are strongly cautioned not to place undue reliance on the MOR. The unaudited financial statements herein included have been derived from the books and records of the Debtors. As a result, certain transactions that are not identified in the normal course of business in the Debtors’ books and records may not be included in this MOR. The information furnished in this report primarily includes normal recurring adjustments but not all the adjustments that would typically be made for the quarterly and annual consolidated financial statements to be in accordance with GAAP. Furthermore, the monthly financial information contained herein has not been subjected to the same level of accounting review and testing that the Debtors apply in the preparation of their quarterly and annual consolidated financial information in accordance with GAAP. Accordingly, upon the application of such procedures, the Debtors believe that the financial information may be subject to change, and any changes could be material. The results of operations contained herein are not necessarily indicative of results that may be expected for any other period or for the full year and may not necessarily reflect the consolidated results of operations and financial position of the Debtors in the future.



UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
In re Molycorp, Inc., et al., Debtors	Case No. 15-11357 (CSS)
MOR-1	Reporting Period: January 2016



SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
										1 of 2



Debtors	Molycorp Minerals LLC			Magnequench International Inc		Molycorp Metals & Alloys		Molycorp Rare Metals (Utah) Inc.		Molycorp Minerals Canada ULC		Molycorp Chemical & Oxide Inc.		Molycorp Inc.	Magnequench Ltd.	NEO International Corp.		Molycorp Rare Metals Holding Inc.	MCP Canada Ltd Partnership		Molycorp Luxembourg Hldgs Sarl	MCP Exchangeco Inc.	MCP Callco ULC
Case No.	15-11371			15-11360		15-11369		15-11373		15-11370		15-11367		15-11357	15-11361	15-11374		15-11372	15-11365		15-11368	15-11366	15-11363
Country	USA			USA		USA		USA		Canada		USA		USA	Barbados	Barbados		USA	Canada		Luxembourg	Canada	Canada
USD in 000s

Operating Activity
Cash Receipts
Resources	$	112		—		—		—		—		—		—	—	—		—	—		—	—	—
Rare Metals	—			—		—		265		—		—		—	—	—		—	—		—	—	—
Magnetic Materials & Alloys	—			1,735		191		—		—		—		—	—	—		—	—		—	—	—
Chemicals & Oxides	—			—		—		—		—		2,079		—	—	—		—	—		—	—	—
Other receipts	292			—		—		38		63		1		—	—	—		—	—		—	—	—
Total Operating Cash Receipts	404			1,735		191		304		63		2,080		—	—	—		—	—		—	—	—

Cash Disbursements
Payroll	(925		)	(260	)	(99	)	(55	)	(387	)	(70	)	—	—	(35	)	—	(11	)	—	—	—
Contract labor	(52		)	—		—		—		—		—		—	—	—		—	—		—	—	—
Raw material payments	—			(8	)	—		(56	)	—		—		—	—	—		—	—		—	—	—
Reagents & chemicals	—			—		—		—		(12	)	—		—	—	—		—	—		—	—	—
Transportation & shipping	(12		)	(9	)	(5	)	(3	)	—		—		—	—	—		—	—		—	—	—
Other production costs	(47		)	(16	)	(19	)	(36	)	(77	)	—		—	—	—		—	—		—	—	—
Repairs & maintenance (non-CapEx)	(25		)	—		—		(1	)	(6	)	—		—	—	—		—	—		—	—	—
Professional fees	(188		)	(3	)	—		—		—		—		—	—	—		—	—		—	—	—
Rent and operating leases	(135		)	(2	)	—		—		(31	)	—		—	—	—		—	—		—	—	—
Taxes	(159		)	—		—		—		—		—		—	—	—		—	—		—	—	—
Insurance	(260		)	(79	)	—		—		—		—		—	—	—		—	—		—	—	—
Utilities	(11		)	—		(3	)	(4	)	(16	)	—		—	—	—		—	—		—	—	—
Other disbursements	(103		)	(11	)	—		(3	)	(172	)	(97	)	—	—	(31	)	—	(6	)	—	—	—



Total Operating Cash Disbursements	(1,917		)	(389		)	(126		)	(157		)	(701		)	(167		)	—			—		(66		)	—			(17		)	—		—		—

Net Cash Flow - Operating	(1,513		)	1,346			65			146			(638		)	1,913			—			—		(66		)	—			(17		)	—		—		—

Intercompany
Net intercompany - operating	1,000			(644		)	574			22			5			535			(986		)	—		5			—			73			—		—		—
Net intercompany - debt & equity	—			—			—			—			(4		)	—			—			—		—			(5		)	—			—		—		—
Net investment & JV funding	—			—			—			—			—			—			—			—		—			—			—			—		—		—
Net Intercompany	1,000			(644		)	574			22			1			535			(986		)	—		5			(5		)	73			—		—		—

Non-Operating Activity
Cash Receipts	—			—			—			—			—			—			—			—		—			—			—			—		—		—
3rd-party loan proceeds	—			—			—			—			—			—			—			—		—			—			—			—		—		—
Total Non-Operating Cash Receipts	—			—			—			—			—			—			—			—		—			—			—			—		—		—

Cash Disbursements
Interest	—			—			—			—			—			—			(788		)	—		—			—			—			—		—		—
Capital expenditures	(3		)	—			—			(4		)	—			—			—			—		—			—			—			—		—		—
Capital lease & other	—			—			—			—			—			—			—			—		—			—			—			—		—		—
Reorganization professional fees	—			—			—			—			—			—			(3,992		)	—		—			—			—			—		—		—
Total Non-Operating Cash Disbursements	(3		)	—			—			(4		)	—			—			(4,780		)	—		—			—			—			—		—		—

Net Cash Flow - Non-Operating	(3		)	—			—			(4		)	—			—			(4,780		)	—		—			—			—			—		—		—

Total Net Increase (Decrease) in Cash	$	(516	)	$	702		$	639		$	164		$	(636	)	$	2,449		$	(5,766	)	$	—	$	(61	)	$	(5	)	$	56		—		—		—

Beginning Cash Balance - Book	$	716		$	12,992		$	869		$	3,409		$	2,289		$	17,228		$	57,942		$	148	$	126		$	981		$	5,634		$	10	$	6	$	5
Total cash receipts	404			1,735			191			304			63			2,080			—			—		—			—			—			—		—		—
Total cash disbursements	(1,920		)	(389		)	(126		)	(161		)	(701		)	(167		)	(4,780		)	—		(66		)	—			(17		)	—		—		—
Net intercompany	1,000			(644		)	574			22			1			535			(986		)	—		5			(5		)	73			—		—		—
Ending Cash Balance - Book - Debtors	$	200		$	13,694		$	1,508		$	3,573		$	1,652		$	19,677		$	52,176		$	148	$	65		$	976		$	5,690		$	10	$	6	$	5




DISBURSEMENTS SOLELY FOR PURPOSE OF CALCULATING U.S. TRUSTEE QUARTERLY FEES:
Total Cash Disbursements (Excluding Reorg Pro Fees)	(1,920	)	(5,356	)	(126	)	(186	)	(701	)	(5,060	)	(788	)	—	(72	)	(5	)	(3,487	)	—	—	—
Allocated - Reorganization Professional Fees	(433	)	(1,208	)	(28	)	(42	)	(158	)	(1,141	)	(178	)	—	(16	)	(1	)	(786	)	—	—	—
Total Disbursements for Calculating U.S. Trustee Quarterly Fees	(2,353	)	(6,564	)	(154	)	(228	)	(859	)	(6,201	)	(966	)	—	(88	)	(6	)	(4,273	)	—	—	—



UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
In re Molycorp, Inc., et al., Debtors	Case No. 15-11357 (CSS)
MOR-1	Reporting Period: January 2016



SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
Continuation Sheet for MOR-1										2 of 2



Debtors	Industrial Minerals LLC		Magnequench Inc.		MCP Canada Holdings ULC		PP IV Mountain Pass II Inc.		PP IV Mountain Pass I Inc		RCF IV Speedwagon Inc.		Molycorp Advanced Water Technologies LLC		GRAND
Case No.	15-11358		15-11359		15-11364		15-11376		15-11375		15-11377		15-11362		TOTAL
Country	USA		USA		Canada		USA		USA		USA		USA
USD in 000s

Operating Activity
Cash Receipts
Resources	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	112
Rare Metals	—		—		—		—		—		—		—		265
Magnetic Materials & Alloys	—		—		—		—		—		—		—		1,926
Chemicals & Oxides	—		—		—		—		—		—		—		2,079
Other receipts	—		—		—		—		—		—		—		394
Total Operating Cash Receipts	—		—		—		—		—		—		—		4,776

Cash Disbursements
Payroll	—		—		—		—		—		—		—		(1,843		)
Contract labor	—		—		—		—		—		—		—		(52		)
Raw material payments	—		—		—		—		—		—		—		(64		)
Reagents & chemicals	—		—		—		—		—		—		—		(12		)
Transportation & shipping	—		—		—		—		—		—		—		(29		)
Other production costs	—		—		—		—		—		—		—		(195		)
Repairs & maintenance (non-CapEx)	—		—		—		—		—		—		—		(32		)
Professional fees	—		—		—		—		—		—		—		(191		)
Rent and operating leases	—		—		—		—		—		—		—		(167		)
Taxes	—		—		—		—		—		—		—		(159		)
Insurance	—		—		—		—		—		—		—		(339		)
Utilities	—		—		—		—		—		—		—		(34		)
Other disbursements	—		—		—		—		—		—		—		(423		)
Total Operating Cash Disbursements	—		—		—		—		—		—		—		(3,540		)



Net Cash Flow - Operating	—		—		—		—		—		—		—		1,236

Intercompany
Net intercompany - operating	—		—		—		—		—		—		—		583
Net intercompany - debt & equity	—		—		—		—		—		—		—		(9		)
Net investment & JV funding	—		—		—		—		—		—		—		—
Net Intercompany	—		—		—		—		—		—		—		575

Non-Operating Activity
Cash Receipts	—		—		—		—		—		—		—		—
3rd-party loan proceeds	—		—		—		—		—		—		—		—
Total Non-Operating Cash Receipts	—		—		—		—		—		—		—		—

Cash Disbursements
Interest	—		—		—		—		—		—		—		(788		)
Capital expenditures	—		—		—		—		—		—		—		(7		)
Capital lease & other	—		—		—		—		—		—		—		—
Reorganization professional fees	—		—		—		—		—		—		—		(3,992		)
Total Non-Operating Cash Disbursements	—		—		—		—		—		—		—		(4,787		)

Net Cash Flow - Non-Operating	—		—		—		—		—		—		—		(4,787		)

Total Net Increase (Decrease) in Cash	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	(2,976	)

Beginning Cash Balance - Book	$	—	$	—	$	5	$	—	$	—	$	—	$	5	$	102,366
Total cash receipts	—		—		—		—		—		—		—		4,776
Total cash disbursements	—		—		—		—		—		—		—		(8,327		)
Net intercompany	—		—		—		—		—		—		—		575
Ending Cash Balance - Book - Debtors	$	—	$	—	$	5	$	—	$	—	$	—	$	5	$	99,390


DISBURSEMENTS SOLELY FOR PURPOSE OF CALCULATING U.S. TRUSTEE QUARTERLY FEES:
Total Cash Disbursements (Excluding Reorg Pro Fees)	—		—		—		—		—		—		—		(17,701		)
Allocated - Reorganization Professional Fees	—		—		—		—		—		—		—		(3,992		)
Total Disbursements for Calculating U.S. Trustee Quarterly Fees	—		—		—		—		—		—		—		(21,693		)



UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
In re Molycorp, Inc., et al., Debtors	Case No. 15-11357 (CSS)
MOR-1a	Reporting Period: January 2016



BANK RECONCILIATIONS
																		1 of 5
Debtor		Molycorp Inc.
Case No.		15-11357
		Operating											Others
		#XXXXXX8924 WF USD account		#XXX-XXXXXX-070 HSBC USD account		#XXX-XXXXXX-001 HSBC CAD account		#XXXX7147 WF Securities USD account			#XXXXXX5228 WF USD account		#XXXXXX-000 Wilmington Trust USD account		#XXXXX6000 USBank USD account		#XXXXXX4705 WF Securities USD account
BALANCE PER BOOKS	Foreign Currency	—		—		4,906.86		—			—		—		—		—
	USD or USD equivalent	1,598,416.90		5,063.04		3,510.92		5,000,402.10			40,614.00		43,299,600.68		450,000.00		1,757,953.79

BANK BALANCE		31-Jan-16	1,598,416.90	31-Jan-16	5,063.04	31-Jan-16	4,906.86	31-Jan-16	5,000,891.56		31-Jan-16	40,614.00	31-Jan-16	43,299,600.68	31-Jan-16	450,000.00	31-Jan-16	1,757,953.79
(+) DEPOSITS IN TRANSIT (ATTACH LIST)			—		—		—		—			—		—		—		—
(-) OUTSTANDING CHECKS (ATTACH LIST)			—		—		—		—			—		—		—		—
OTHER (ATTACH EXPLANATION)			—		—		—		(489.46	)		—		—		—		—
ADJUSTED BANK BALANCE IN FOREIGN CURRENCY*							4,906.86
ADJUSTED BANK BALANCE IN USD *			1,598,416.90		5,063.04		3,510.92		5,000,402.10			40,614.00		43,299,600.68		450,000.00		1,757,953.79
* Adjusted bank balance must equal
balance per books

DEPOSITS IN TRANSIT		Date	Amount	Date	Amount	Date	Amount	Date	Amount		Date	Amount	Date	Amount	Date	Amount	Date	Amount

CHECKS OUTSTANDING		Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount		Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount

OTHER		Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount		Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount
								Interest income	(489.46	)



BANK RECONCILIATIONS
Continuation Sheet for MOR-1a																		2 of 5
Debtor		Magnequench International, Inc.											Magnequench Limited
Case No.		15-11360											15-11361
		Operating											Operating
		#XXXXXX6057 WF USD account			#XXXXXX6462 PNC USD account		#XXXXXX6489 PNC USD account		#XXX9633 Sumitomo Mitsui JPY account		#XXX8704 The Bank of Tokyo Mitsubishi Bank JPY account		#XXXXXXXX3673 RBC USD account		#XXXXXXXX6849 RBC BBD account		#XXXXXX0228 WF USD account
BALANCE PER BOOKS	Foreign Currency	—			—		—		4,642,290.00		999,967.00		—		30,535.93		—
	USD or USD equivalent	13,495,576.21			103,246.47		1,007.40		38,323.34		8,254.64		128,046.66		15,267.97		5,000.00

BANK BALANCE		31-Jan-16	13,534,111.36		31-Jan-16	103,246.47	31-Jan-16	1,007.40	31-Jan-16	4,642,490.00	31-Jan-16	999,967.00	31-Jan-16	128,046.66	31-Jan-16	30,535.93	31-Jan-16	5,000.00
(+) DEPOSITS IN TRANSIT (ATTACH LIST)
(-) OUTSTANDING CHECKS (ATTACH LIST)			(38,535.15	)
OTHER (ATTACH EXPLANATION)
ADJUSTED BANK BALANCE IN FOREIGN CURRENCY*										4,642,490.00		999,967.00				30,535.93
ADJUSTED BANK BALANCE IN USD *			13,495,576.21			103,246.47		1,007.40		38,323.34		8,254.64		128,046.66		15,267.97		5,000.00
* Adjusted bank balance must equal
balance per books

DEPOSITS IN TRANSIT		Date	Amount		Date	Amount	Date	Amount	Date	Amount	Date	Amount	Date	Amount	Date	Amount	Date	Amount

CHECKS OUTSTANDING		Ck. #	Amount		Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount
		168260	163.42
		168261	824.46
		168262	897.52
		168263	4,361.13
		168264	1,750.00
		168266	247.09
		168267	109.10
		168268	16,742.06
		168269	1,434.23
		168270	3,800.00
		168271	105.33
		WT	8,100.81

OTHER		Explanation	Amount		Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount



BANK RECONCILIATIONS
Continuation Sheet for MOR-1a																					3 of 5
Debtor		Molycorp Advanced Water Technologies, LLC				MCP Callco ULC		MCP Canada Holdings ULC		MCP Canada Limited Partnership				MCP Exchangeco Inc.		Molycorp Chemicals & Oxides, Inc.
Case No.		15-11362				15-11363		15-11364		15-11365				15-11366		15-11367
		Operating				Operating		Operating		Operating				Operating		Operating
		#XXXXXX-8229 PNC USD account		#XXXXXX5967 WF USD account		#XXXXXX5681 WF USD account		#XXXXXX5731 WF USD account		#XXXXXXXX8959 RBC USD account		#XXXXXX5715 WF USD account		#XXXXXX5707 WF USD account		#XXXXXX6065 WF USD account				#XXXXXX-9969 PNC USD account
BALANCE PER BOOKS	Foreign Currency	—		—		—		—		—		—		—		—				—
	USD or USD equivalent	4,867.03		—		5,000.00		5,000.00		108,735.38		5,581,108.3		5,960.00		$	19,660,539.58			16,185.42

BANK BALANCE		31-Jan-16	4,867.03	31-Jan-16	—	31-Jan-16	5,000.00	31-Jan-16	5,000.00	31-Jan-16	108,735.38	31-Jan-16	5,581,108.30	31-Jan-16	5,960.00	31-Jan-16		19,685,290.57		31-Jan-16	16,185.42
(+) DEPOSITS IN TRANSIT (ATTACH LIST)			—		—		—		—						—
(-) OUTSTANDING CHECKS (ATTACH LIST)			—		—		—		—		—				—			(24,750.99	)
OTHER (ATTACH EXPLANATION)			—		—		—		—						—
ADJUSTED BANK BALANCE IN FOREIGN CURRENCY*					—
ADJUSTED BANK BALANCE IN USD *			4,867.03		—		5,000.00		5,000.00		108,735.38		5,581,108.30		5,960.00			19,660,539.58			16,185.42
* Adjusted bank balance must equal
balance per books

DEPOSITS IN TRANSIT		Date	Amount	Date	Amount	Date	Amount	Date	Amount	Date	Amount	Date	Amount	Date	Amount	Date		Amount		Date	Amount

CHECKS OUTSTANDING		Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #	Amount	Ck. #		Amount		Ck. #	Amount
																5139		7,553.20
																5148		1,690.00
																5149		5,476.96
																5150		2,616.99
																5151		4,571.34
																5152		1,642.50
																5153		1,200.00

OTHER		Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation	Amount	Explanation		Amount		Explanation	Amount



BANK RECONCILIATIONS
Continuation Sheet for MOR-1a																							4 of 5
Debtor		Molycorp Luxembourg Holdings S.a.r.l		Molycorp Metals & Alloys, Inc.					Molycorp Minerals Canada ULC (Toronto)							Molycorp Minerals Canada ULC (Peterborough)
Case No.		15-11368		15-11369					15-11370							15-11370
		Operating		Operating					Operating							Operating						Other
		#XXXXXXXXXXXXXXXXXXXX 3010 ING USD account		#XXXXXX6077 WF USD account			#XXXXXX5961 WF USD account		#XXXXXXXX7180 RBC CAD account			#XXXXXXXX6849 RBC USD account		#XXXXXX5723 WF USD account		#XXX-610-5 RBC CAD account			#XXX-143-4 RBC USD account			#XXXXXXXX-610-5 RBC GIC USD account
BALANCE PER BOOKS	Foreign Currency	—		—			—		548,656.67							174,944.15			—			999,999.99
	USD or USD equivalent	9,990.91		1,482,153.33			25,859.29		392,570.59			8,580.11		232,650.35		125,174.69			11,816.93			715,512.3

BANK BALANCE		31-Jan-16	9,990.91	31-Jan-16	1,491,791.49		31-Jan-16	—	31-Jan-16	549,993.93		31-Jan-16	8,580.11	31-Jan-16	232,650.35	31-Jan-16	205,726.86		31-Jan-16	17,950.28		31-Jan-16	999,999.99
(+) DEPOSITS IN TRANSIT (ATTACH LIST)			—		—			25,859.29					—		—
(-) OUTSTANDING CHECKS (ATTACH LIST)			—		(9,638.16	)		—		(1,337.26	)		—		—		(30,782.71	)		(6,133.35	)		—
OTHER (ATTACH EXPLANATION)					—			—		—			—		—
ADJUSTED BANK BALANCE IN FOREIGN CURRENCY*								—		548,656.67							174,944.15						999,999.99
ADJUSTED BANK BALANCE IN USD *			9,990.91		1,482,153.33			25,859.29		392,570.59			8,580.11		232,650.35		125,174.69			11,816.93			715,512.30
* Adjusted bank balance must equal
balance per books

DEPOSITS IN TRANSIT		Date	Amount	Date	Amount		Date	Amount	Date	Amount		Date	Amount	Date	Amount	Date	Amount		Date	Amount		Date	Amount
							25-Jan-16	25,859.29

CHECKS OUTSTANDING		Ck. #	Amount	Ck. #	Amount		Ck. #	Amount	Ck. #	Amount		Ch. #	Amount	Ch. #	Amount	Ck. #	Amount		Ck. #	Amount		Ck. #	Amount
				2299	3,311.82				17616	1,337.26						18151	38.35		1288	748.35
				2300	27.41											18183	4,360.22		1289	5,385.00
				2301	1,450.57											18184	459.85
				2302	213.80											18187	54.24
				2303	561.20											18190	594.15
				2304	576.71											18194	144.64
				2305	974.01											18200	17.32
				2306	179.55											18202	169.50
				2307	91.92											18203	1,022.79
				2308	375.00											18204	225.85
				2309	715.00											18205	703.64



2310	689.01	18206	6,169.29
2311	209.38	18207	8,933.11
2312	262.78	18208	605.98

Molycorp, Inc. 8-K