Last €0.06 EUR
Change Today -0.003 / -5.08%
Volume 457.0K
LYI On Other Exchanges
As of 1:10 PM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

lynas corp ltd (LYI) Snapshot

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11/6/13 - €0.27
52 Week Low
10/16/14 - €0.05
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lynas corp ltd (LYI) Details

Lynas Corporation Limited, together with its subsidiaries, engages in the exploration, development, mining, and processing of rare earth minerals in Australia and Malaysia. The company holds interest in the Mount Weld project located south of Laverton in Western Australia. It also owns and operates Lynas advanced materials plant located in Malaysia; and Mt. Weld concentration plant located in Western Australia. The company is headquartered in Sydney, Australia.

lynas corp ltd (LYI) Top Compensated Officers

Managing Director, Chief Executive Officer an...
Total Annual Compensation: A$132.0K
Chief Financial Officer
Total Annual Compensation: A$713.9K
Chief Commercial Officer
Total Annual Compensation: A$387.5K
Executive Vice President of Corporate Affairs
Total Annual Compensation: A$383.4K
General Counsel and Company Secretary
Total Annual Compensation: A$482.8K
Compensation as of Fiscal Year 2014.

lynas corp ltd (LYI) Key Developments

Lynas Corporation Limited Auditor Raises 'Going Concern' Doubt

Lynas Corporation Limited filed its Annual on Sep 28, 2014 for the period ending Jun 30, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Lynas Corp to Shift Head Office

Lynas Corp. is to shift its head office overseas as part of a renewed cost-cutting regime as it seeks to stop haemorrhaging cash. The company will move its head office from Sydney to Kuala Lumpur, resulting in an unspecified number of job losses, with further jobs to go at its Perth office. The shift is part of an effort to simplify the company's structure by co-locating management.

Lynas Corporation Announces Executive Changes

Lynas Corporation announced the following Board and Management changes. Effective June 5, 2014, Amanda Lacaze has been appointed Executive Director and Chief Executive Officer of the company following the resignation of Eric Noyrez. Ms Lacaze has been a non-executive Director of Lynas since 1 January 2014. Mr. Noyrez was given additional responsibility as President in March 2011 before being appointed an Executive Director and Chief Executive Officer in April 2013.


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