The primary objective was simple, consistent production of on spec NdPr, which was achieved June Q 2015, something Aunt Moly never even got close to with Phoenix. Should be obvious now that dealt with a big chunk of risk in getting the Japanese back to the negotiating table.
AL has committed to LynasNext, approx 3yr program, and received the same commitment from all Snr Mgt, STI & LTI are structured accordingly.
AL's CV at Board appt noted mktg & pricing strategy as key skills, not only ideal for Lynas growth to mkt but ideal to lead development of this very immature industry, the Dragon needs all the help it can get! Selling contracted tonnes at the same level as spot kg's always make cabbage price.
She'll never need to take on the arduous role of CEO again, between Board appts & consultancies just hope she gets time to write the book.
The primary objective was simple, consistent production of on...
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