Lynas to capitalise on rare earth supply constraints
Published: Thursday, 11 November 2010
As the demand grows for significant rare earth supply sources outside China, Australia’s Lynas Corp. is on track to be the first. The group’s chief executive officer, Nicholas Curtis, explained to IM why recent price rises are sustainable and why Lynas is bringing forward its capacity expansion plans.
There was a false sense of security in the rare earth
supply situation, which has now created a sudden
awakening, says Nicholas Curtis, CEO of Australias
Lynas Corp., as markets outside China face impending shortages
of these raw materials.
But Lynas, which owns the Mount Weld rare earth project