New CEO for Lynas

Lynas Corporation CEO Nicholas Curtis is set to step down at the end of this month, as the company moves into rare earths production.

In a statement today Lynas said Curtis would be replaced by Eric Noyrez on March 31, who will also be appointed as an executive director.

The company said Curtis would stay on as non-executive chariman and will remain “integrally involved in the development and implementation” of the Lynas strategy.

Noyrez will step into the new role after spending time as the company's chief operating officer and president, and in other moves at the company Liam Forde has been appointed deputy chairman.

“Achieving our first rare earths production last week is a significant transformational milestone, and a fitting time for us to allow Eric to take over all executive responsibility,” Curtis said.

“Noyrez has a detailed knowledge of the international rare earths and chemical industries, and has led the operational implementation of the Lynas Rare Earths project.”

Before Lynas Noyrez worked at Rhodia, a major rare earths consumer, and also managed chemical and industrial businesses for the Shell group of companies.

While it continues to face significant opposition from activists in Malaysia, Lynas last week overcame legal battles and environmental campaigns to produce the first rare earths production from its Malaysian processing plant.

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