BRIEF-Molycorp cancels its shares in Molibdenos y Metales
Sept 6 (Reuters) - Molibdenos y Metales SA :
* Said on Monday, as part of emerging from bankruptcy proceedings under US law, all 46.7 million shares held by Molycorp in Molibdenos y Metales were cancelled
* Molycorp bought stake in Molibdenos y Metales in March 2012; value of the investment dropped from $598.8 million to $1.45 million as of June 30, 2016
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