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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended 37 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Consolidated Statements of Operations [Abstract]          
Sales $ 99,615 $ 1,904 $ 125,876 $ 4,922 $ 170,263
Operating costs and expenses:          
Cost of goods sold (42,923) (5,576) (59,600) (11,526) (132,003)
Selling, general and administrative (13,817) (4,254) (22,156) (8,734) (56,203)
Stock-based compensation (412) (15,133) (3,311) (15,133) (32,441)
Depreciation and amortization (283) (61) (366) (156) (895)
Accretion expense (240) (216) (474) (479) (2,642)
Operating income (loss) 41,940 (23,336) 39,969 (31,106) (53,921)
Other income (expense):          
Other income (expense) 133 45 (35) 66 355
Interest income, net 70   210   275
Total other income (expense) 203 45 175 66 630
Income (loss) before income taxes 42,143 (23,291) 40,144 (31,040) (53,291)
Income tax benefit 6,612   6,413   6,413
Net income (loss) 48,755 (23,291) 46,557 (31,040) (46,878)
Net (income) loss attributable to noncontrolling interest (968)   (968)   (968)
Net income (loss) attributable to Molycorp stockholders 47,787 (23,291) 45,589 (31,040) (47,846)
Net income (loss) 48,755 (23,291) 46,557 (31,040) (46,878)
Other comprehensive income:          
Foreign currency translation adjustments 1,324   1,324   1,324
Comprehensive income (loss) 50,079 (23,291) 47,881 (31,040) (45,554)
Comprehensive income (loss) attributable to:          
Molycorp stockholders 48,980 (23,291) 46,782 (31,040) (46,653)
Noncontrolling interest 1,099   1,099   1,099
Comprehensive income (loss) $ 50,079 $ (23,291) $ 47,881 $ (31,040) $ (45,554)
Weighted average shares outstanding (Common shares) (1)          
Basic 83,847,119 [1] 49,666,732 [1] 83,054,811 [1] 48,165,914 [1] 53,957,611 [1]
Diluted 84,413,499 [1] 49,666,732 [1] 83,339,566 [1] 48,165,914 [1] 53,957,611 [1]
Income (loss) per share of common stock (Note 4o):          
Basic $ 0.52 $ (0.47) $ 0.50 $ (0.64) $ (0.97)
Diluted $ 0.52 $ (0.47) $ 0.50 $ (0.64) $ (0.97)
[1] Weighted average shares outstanding include the retroactive treatment of exchange ratios for conversion of Class A common stock and Class B common stock to common stock in conjunction with the initial public offering.