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Segment Information (Details) (USD $)
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
segment
Dec. 31, 2011
Dec. 31, 2010
segment
Segment Information                      
Number of segments                 4   1
Sales:                      
Revenues:                 $ 528,910,000 $ 396,831,000 $ 35,157,000
Total revenues 134,259,000 205,604,000 104,577,000 84,470,000 132,905,000 138,050,000 99,615,000 26,261,000 528,910,000 396,831,000 35,157,000
Depreciation, amortization and accretion                 (53,125,000) (15,227,000) (6,927,000)
Operating (loss) income                 (467,886,000) 152,866,000 (51,178,000)
(Loss) income before income taxes and equity earnings (382,779,000) (43,745,000) (93,970,000) (5,434,000) 42,607,000 64,157,000 42,143,000 (1,999,000) (525,928,000) 146,910,000 (50,774,000)
Total assets 2,992,535,000       1,255,125,000       2,992,535,000 1,255,125,000  
Property, Plant and Equipment, Additions                 843,061,000 [1] 409,217,000 [1]  
Resources
                     
Sales:                      
Revenues:                 88,870,000 253,563,000  
Total revenues                 96,126,000 308,718,000  
Depreciation, amortization and accretion                 (13,991,000) (10,553,000)  
Operating (loss) income                 (70,220,000) 218,549,000  
(Loss) income before income taxes and equity earnings                 (70,469,000) 218,391,000  
Total assets 1,802,842,000       824,712,000       1,802,842,000 824,712,000  
Property, Plant and Equipment, Additions                 814,054,000 [1] 401,047,000 [1]  
Chemicals and Oxides
                     
Sales:                      
Revenues:                 181,849,000 40,216,000  
Total revenues                 207,566,000 54,118,000  
Depreciation, amortization and accretion                 (13,110,000) (1,958,000)  
Operating (loss) income                 (191,059,000) 8,700,000  
(Loss) income before income taxes and equity earnings                 (190,094,000) 5,785,000  
Total assets 639,847,000       46,368,000       639,847,000 46,368,000  
Property, Plant and Equipment, Additions                 10,910,000 [1] 8,170,000 [1]  
Magnetic Materials and Alloys
                     
Sales:                      
Revenues:                 179,335,000 56,772,000  
Total revenues                 179,335,000 56,772,000  
Depreciation, amortization and accretion                 (19,737,000) (236,000)  
Operating (loss) income                 (125,543,000) 2,331,000  
(Loss) income before income taxes and equity earnings                 (126,981,000) 2,336,000  
Total assets 593,197,000       30,061,000       593,197,000 30,061,000  
Property, Plant and Equipment, Additions                 5,614,000 [1] 0 [1]  
Rare Metals
                     
Sales:                      
Revenues:                 78,856,000 46,280,000  
Total revenues                 78,856,000 46,280,000  
Depreciation, amortization and accretion                 (6,154,000) (2,449,000)  
Operating (loss) income                 (20,408,000) 2,131,000  
(Loss) income before income taxes and equity earnings                 (19,918,000) (634,000)  
Total assets 117,961,000       71,634,000       117,961,000 71,634,000  
Property, Plant and Equipment, Additions                 10,750,000 [1] 0 [1]  
Intersegment Eliminations
                     
Sales:                      
Revenues:                 0 0  
Total revenues                 (32,973,000) (69,057,000)  
Depreciation, amortization and accretion                 0 0  
Operating (loss) income                 24,803,000 [2] (27,443,000) [2]  
(Loss) income before income taxes and equity earnings                 24,803,000 [2] (27,443,000) [2]  
Total assets (187,567,000) [2]       (143,730,000) [2]       (187,567,000) [2] (143,730,000) [2]  
Property, Plant and Equipment, Additions                 0 [1] 0 [1]  
Intercompany Costs                 (57,776,000) (41,614,000)  
Corporate and other
                     
Sales:                      
Depreciation, amortization and accretion                 (133,000) [3] (31,000) [3]  
Operating (loss) income                 (85,459,000) [3] (51,402,000) [3]  
(Loss) income before income taxes and equity earnings                 (143,269,000) [3] (51,525,000) [3]  
Total assets 26,255,000 [3]       426,080,000 [3]       26,255,000 [3] 426,080,000 [3]  
Property, Plant and Equipment, Additions                 1,733,000 [1],[3] 0 [1],[3]  
Intersegment Eliminations
                     
Sales:                      
Revenues:                 0 0  
Intersegment Eliminations | Resources
                     
Sales:                      
Revenues:                 7,256,000 55,155,000  
Intersegment Eliminations | Chemicals and Oxides
                     
Sales:                      
Revenues:                 25,717,000 13,902,000  
Intersegment Eliminations | Magnetic Materials and Alloys
                     
Sales:                      
Revenues:                 0 0  
Intersegment Eliminations | Rare Metals
                     
Sales:                      
Revenues:                 0 0  
Intersegment Eliminations | Intersegment Eliminations
                     
Sales:                      
Revenues:                 $ (32,973,000) $ (69,057,000)  
[1] On an accrual basis excluding capitalized interest.
[2] The net elimination in operating results includes costs of sales eliminations of $57,776 and $41,614 for the year ended December 31, 2012 and 2011, respectively, which consist of intercompany gross profits as well as eliminations of lower of cost or market adjustments related to intercompany inventory. The total assets elimination is comprised primarily of intercompany investments and intercompany accounts receivable and profits in inventory.
[3] Corporate loss before income taxes and equity earnings includes business development costs, personnel and related costs, including stock-based compensation expense, accounting and legal fees, occupancy expense, information technology costs and interest expense. Other consists of nominal expenses incurred by the sales office in Tokyo, Japan. Total corporate assets is comprised primarily of cash and cash equivalents, the investment in the sales office in Tokyo and deferred tax assets