Intangible Assets

3 Months Ended

Mar. 31, 2012

Intangible Assets

Intangible Assets

(8) Intangible Assets

        At March 31, 2012 and December 31, 2011, amortizable intangible assets consisted of the following (in thousands):

	March 31, 2012			December 31, 2011
Trade name	$	786		$	786
Customer relationships		2,221			2,153
Other		533			516
Gross carrying amount		3,540			3,455
Less accumulated amortization		(456	)		(383	)
Net carrying amount	$	3,084		$	3,072

        The change in the gross carrying amount of customer relationships and other intangible assets is attributable to the fluctuation in the period of the U.S. dollar against the Euro, which is the functional currency of Molycorp Silmet.