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Condensed Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement [Abstract]                      
Revenues $ 134,259 $ 205,604 $ 104,577 $ 84,470 $ 132,905 $ 138,050 $ 99,615 $ 26,261 $ 528,910 $ 396,831 $ 35,157
Costs of sales:                      
Costs excluding depreciation and amortization                 (480,655) (164,351) (28,797)
Depreciation and amortization                 (30,910) (13,539) (5,694)
Gross profit (20,473) 10,864 (4,073) 31,027 70,272 82,392 56,692 9,584 17,345 218,941 666
Operating expenses:                      
Selling, general and administrative                 (113,669) (50,757) (45,175)
Corporate development                 (19,796) (5,912) 0
Depreciation, amortization and accretion                 (22,215) (1,688) (1,231)
Research and development                 (27,796) (7,718) (2,338)
Impairment of goodwill and other long-lived assets                 (301,755) 0 (3,100)
Operating (loss) income                 (467,886) 152,866 (51,178)
Other (expense) income:                      
Other (expense) income                 (38,798) (153) 155
Foreign exchange gain (loss), net                 2,872 (5,415) 0
Interest (expense) income, net of capitalized interest                 (22,116) (388) 249
Total other expense                 (58,042) (5,956) 404
(Loss) income before income taxes and equity earnings (382,779) (43,745) (93,970) (5,434) 42,607 64,157 42,143 (1,999) (525,928) 146,910 (50,774)
Income tax benefit (expense)                 54,075 (28,576) 0
Equity in results of affiliates                 (3,490) 0 0
Net (loss) income (389,490) (15,451) (66,924) (3,478) 26,674 45,101 48,755 (2,198) (475,343) 118,334 (50,774)
Net income attributable to noncontrolling interest                 (5,826) (808) 0
Net (loss) income attributable to Molycorp stockholders (391,196) (18,891) (67,604) (3,478) 26,579 45,356 47,787 (2,198) (481,169) 117,526 (50,774)
Other comprehensive income:                      
Foreign currency translation adjustments                 (952) (8,481) 0
Comprehensive (loss) income                 (476,295) 109,853 (50,774)
Comprehensive (loss) income attributable to:                      
Molycorp stockholders                 (470,469) 109,468 (50,774)
Noncontrolling interest                 (5,826) 385 0
Comprehensive (loss) income                 $ (476,295) $ 109,853 $ (50,774)
(Loss) income per share of common stock (Note 17):                      
Basic (in dollars per share) $ (3.16) [1] $ (0.19) [1] $ (0.71) [1] $ (0.07) [1] $ 0.27 [1] $ 0.51 [1] $ 0.54 [1] $ (0.04) [1] $ (4.60) $ 1.29 $ (0.81)
Diluted (in dollars per share) $ (3.16) [1] $ (0.19) [1] $ (0.71) [1] $ (0.07) [1] $ 0.26 [1] $ 0.49 [1] $ 0.53 [1] $ (0.04) [1] $ (4.60) $ 1.27 $ (0.81)
[1] The sum of the quarterly income (loss) per share may be different than the per share amount for the year as the calculation for each quarter is based on the weighted average shares outstanding for that period.