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He worked for six years from 1994 at a unit of China National Nonferrous Metals Industry Corp., which controlled all of China’s non-steel-related metals until 2000.Curtis bought Mt. Lynas shares fell 0.5 percent to A$2.09 at the 4:10 p.m. Sydney time close on the Australian stock exchange.Rare earths are 17 chemically similar elements used by companies such as Toyota Motor Corp., Apple Inc. and Raytheon Co. The company’s press release notes that the replacement was planned and reflects Lynas’ shift from development to production.Nicholas Curtis will remain on the Board as non-executive Chairman and in that capacity will continue to focus on strategy development and remain integrally involved in the development and implementation of Lynas’ Shared Value program. Nick Curtis made a A$5 million ($5 million) contrarian bet in 2002 to develop an Australian rare earth mine, aiming to challenge China’s control of global supply of the metals. LYNAS CORPORATION LIMITED – FINANCIAL STATEMENTS 30 JUNE 2011 Corporate Information ABN 27 009 066 648 Directors Nicholas Curtis (Executive Chairman) William (Liam) Forde (Lead Independent Director) Jacob Klein David Davidson Zygmunt (Ziggy) Switkowski Company Secretaries Andrew Arnold Ivo Polovineo Registered Office Level 7, 56 Pitt Street Nick has 7 jobs listed on their profile. The government introduced its export quota system in 1999.Rare earth shortages followed the government’s directive in 2006 to create larger domestic companies while curbing output and exports.About 50 percent of global rare earth demand comes from customers outside China and they are looking elsewhere for supplies, Deutsche Bank AG said in a report last year. Lynas Corporation Ltd. (ASX:LYC) announced that effective March 31, 2012, its current CEO, Nicholas Curtis, will be replaced by Eric Noyrez.
(Updates to add closing share price in eighth paragraph.) On 21 August 2008, he met with Dr Matthew James, Andrew Arnold, Matthew Edler and Nicholas Curtis of Lynas, at Lynas’s office. This setting should only be used on your home or work computer. The company has a market value today of A$3.5 billion.“I’d be really disappointed today if I had gotten off the bus somewhere along the way looking at the speed it’s moving today,” Curtis said. Rhodia‟s Silcea division is a leading global supplier of products utilising rare earths and rare earths technologies and as such is a major consumer of rare earths. “He saw an opportunity there. b: Lynas geologist Matthew Edler visited the Registrar of the High Court in Blantyre where, on or about July 2008, he obtained a copy of the 2006 order; c: Michael Saner flew at Lynas’ expense to Sydney in August 2008. Nick Curtis made a A$5 million ($5 million) contrarian bet in 2002 to develop an Australian rare earth mine, aiming to challenge China’s control of global supply of the metals. Lynas’s share price has fallen by more than 90 per cent in the past three years, shrivelling Curtis’s wealth. Anaconda’s CEO was Andrew Forrest, today Australia’s richest man, with a fortune of A$6.9 billion, according to Forbes Asia. Vehicles such as the Toyota Prius hybrid contain about 10 kilograms of rare earths, used to make lightweight batteries and motors.Curtis developed an interest in rare earths working with Madame Bai Jie, a former head of raw materials at China’s state planning commission. He will also continue to represent Lynas at the World Economic Forum and Co-Chair the WEF’s Global Growth Companies group.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.Eric has a detailed knowledge of the international rare earths and chemical industries, and has led the operational implementation of the Lynas Rare Earths project.
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