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(Loss) Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of earnings per share, basic and diluted
 
Years Ended December 31,
 
2012
 
2011
 
2010
(In thousands, except share and per share amounts)
(Revised)
 
 
 
 
Net (loss) income attributable to Molycorp stockholders
$
(481,169
)
 
$
117,526

 
$
(50,774
)
Dividends on Convertible Preferred Stock
(11,385
)
 
(9,962
)
 
—

(Loss) income attributable to common stockholders
(492,554
)
 
107,564

 
(50,774
)
Weighted average common shares outstanding—basic
107,064,892

 
83,454,221

 
62,332,054

Basic (loss) earnings per share
$
(4.60
)
 
$
1.29

 
$
(0.81
)
 
 
 
 
 
 
(Loss) income attributable to common stockholders
$
(492,554
)
 
$
107,564

 
$
(50,774
)
Effect of dilutive 3.25% Convertible Notes
—

 
413

 
—

(Loss) income attributable to common stockholders adjusted for effect of dilution
(492,554
)
 
107,977

 
(50,774
)
Weighted average common shares outstanding—diluted
107,064,892

 
85,220,017

 
62,332,054

Diluted (loss) earnings per share
$
(4.60
)
 
$
1.27

 
$
(0.81
)