Lynas Rare Earths CEO Amanda Lacaze has spoken at a WA Mining Club lunch. PIctured is Ms Lacase at the event at Optus Stadium
BREAKING: Amanda Lacaze has announced her resignation as chief executive officer of Lynas Rare Earths after an impactful 12-year tenure. The company disclosed her retirement to the Australian Securities Exchange on October 24, 2023, revealing that Lacaze will remain with Lynas until the end of the current financial year while a successor is found.
“I’ve loved every day of my 12 years at Lynas,” Lacaze stated, reflecting on her journey from leading the company as a “troubled startup” to its current position as an ASX50 company. Her leadership has been critical during a time when Lynas has gained prominence in the rare earths sector, especially as global demand surges.
Lynas operates rare earths mining and refining facilities in Kalgoorlie, Australia, and Malaysia, and has seen its significance grow amid heightened interest from the United States, which has been ramping up efforts to secure these essential materials. The company’s shares recently traded at $14.78, marking an impressive rise of nearly 18 percent over the past month, spurred by China’s restrictions on rare earths exports.
As the search for Lacaze’s replacement begins, industry experts are closely watching how this transition will impact Lynas and the broader rare earths market. The company’s future leadership will be pivotal as it navigates the evolving landscape of global supply and demand.
Stay tuned for updates on this developing story as Lynas Rare Earths embarks on a new chapter without its long-standing CEO.
