Additional Information
Market: ASX
Sector: General Mining - Rare Earth Minerals
EPIC: LYC
Latest Price: A$0.88  (0,00%)
52-week High: A$2.37
52-week Low: A$0.87
Market Cap: A$1,509.07M
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Lynas Corporation
www.lynascorp.com

Lynas Corporation Limited's (ASX: LYC) vision is to be a global leader in Rare Earths for a sustainable future; a vision realised by the passion and practices of our people.

Lynas is an ASX listed company, with the strategy to create a reliable, fully integrated source of Rare Earths supply from mine through to customers, and to become the benchmark for security of supply and environmental standards in the global Rare Earths industry.

Lynas owns the richest deposit of Rare Earths in the world at Mount Weld, Western Australia. Project development has commenced, with the first mining campaign completed and two processing plants underway. All necessary approvals required for project development have been received, the project is funded and production will commence in 2011.

Pdf

New chief operating officer for Lynas Corporation

10th Dec 2009, 10:14 am

Australian rare earths company Lynas Corporation (ASX: LYC) has appointed Eric Noyrez as the new chief operating officer of Lynas.

With senior management and board level experience in major multinational industrial and chemical companies, Noyrez has extensive industrial and rare earths experience.

He has nine years with the Rhodia group of companies, a France-headquartered multinational chemical group with annual turnover of approximately $A8 billion. Rhodia’s Silcea division is a leading global supplier of products utilizing rare earths and rare earths technologies and as such, Rhodia Silcea is a major consumer of rare earths.

Lynas owns the richest known deposit of Rare Earths, also known as Lanthanides, in the world at Mount Weld, near Laverton in Western Australia.

Lynas completed an A$450million capital raising in November to kick-start construction of the Lynas Rare Earths project.

All environmental approvals have been received to build a concentration plant at Mount Weld and an advanced materials plant to process the Mount Weld concentrate through to final rare earths oxides in Pahang, Malaysia.

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