1927-1928 | The Swedes founded oil shale processing plant on the present location of Silmet’ s factories. |
1941-1945 | Most of the former Silmet’ s facilities are destroyed during the II World War. |
1945 | Decision is made in Moscow, Russia to start uranium processing in “Factory nr 7” which was the code name of former Silmet. |
1946 | “Factory nr 7” begins processing uranium instead of oil shale. |
1970 | Production of rare earth metals and rare metals is started. |
1990 | “Factory nr 7” is renamed to Silmet. Silmet stops processing uranium and concentrates its activities to producing only rare earth metals and rare metals. |
1997 | Silmet is fully restructured and privatized – formerly state owned RAS Silmet becomes privately owned AS Silmet. |
2011 | Molycorp, Inc., through its wholly-owned subsidiary, Molycorp Minerals, LLC, acquires AS Silmet, and the new company becomes Molycorp Silmet AS. |
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