Rare Earths:

Molycorp's Smith discusses company's role in boosting U.S. competitiveness

With President Obama weighing in on the controversy surrounding Chinese rare earth exports yesterday, the discussion over mining and regulation in the United States is heating up. During today's OnPoint, Mark Smith, CEO of Molycorp, a U.S. rare earth metals mining company, discusses Molycorp's role in helping keep the United States competitive. He also addresses questions surrounding his company's ability to meet aggressive production targets.