Lynas to relocate head office from Sydney to KL By ONG HAN SEAN Western Australia (Perth) and to improve cost, production and it said had encountered further bot­ yield - the volume of rare earths [email protected] Malaysia. financial performance. tlenecks over the past quarter, recovered through our process from However, Lynas Corp would Besides the head office reloca­ though these constraints have been mining to finished product,” said KUANTAN: Australian rare earth remain listed on the Australian tion, Lynas would also cut down its managed. Lacaze. mining company Lynas Corporation Securities Exchange. workforce mostly by reducing con­ “We are pleased to report that LAMP continued to draw protests Ltd will relocate its head office from “This streamlining of office loca­ tractor positions as well as improv­ demand for rare earth oxide (REO) from anti-Lynas groups that claimed Sydney to Kuala Lumpur in order tions is the first in a series of initia­ ing asset utilisation, renegotiating products remains buoyant and that Lynas had not fulfilled the various to streamline its operations and tives aimed at simplifying our supplier contracts and seeking the company has achieved further terms under its temporary operat­ improve organisational efficiency. approach and focusing on the high­ improvements in procurement increases in production and sales of ing license. The company said in a statement est value drivers in our business,” practices. REO products during the June 2014 The recent protest in front of the that its structure would be simpli­ said its newly-appointed chief It added that the company was quarter. plant by Himpunan Hijau saw 16 fied by co-locating management executive officer Amanda Lacaze, focusing on ramping up production “We are now working on deliver­ people arrested after they refused personnel and resources with pro­ who added that a review with her at the Lynas Advanced Materials ing the optimal balance of volume, to abide by the police order to dis­ duction and sales facilities both in team had identified opportunities Plant (LAMP) in Gebeng here, which finished product quality and REO perse..