Lynas Rare Earths Ltd. has disclosed that Amanda Lacaze will conclude her tenure as Chief Executive Officer in June 2026, marking a significant leadership transition for the global rare earths producer. The company cited strategic succession planning as the basis for the decision.
- Amanda Lacaze to step down as CEO of Lynas Rare Earths on June 30, 2026
- Lynas produced over 12,000 metric tons of rare earth oxides in FY2025
- FY2025 revenue reached AUD 847 million, up 22% year-on-year
- Expansion of Kuantan facility to increase output by 25% by 2028
- Lynas shares (ASX: LYC) rose 14% over the past 12 months
- Successor search underway as part of strategic succession planning
Lynas Rare Earths Ltd. has announced that Amanda Lacaze will step down as Chief Executive Officer on June 30, 2026, after nearly eight years in the role. The company confirmed the leadership change as part of its ongoing executive succession strategy, emphasizing a smooth transition process. Lacaze joined Lynas in 2018 and played a central role in expanding the company’s production capacity and global supply chain footprint. During her tenure, the company increased its annual rare earth oxide output to over 12,000 metric tons, with a significant portion processed at its Mount Weld operation in Western Australia and its manufacturing facility in Kuantan, Malaysia. Lynas also achieved a 22% year-on-year revenue growth in FY2025, reaching AUD 847 million, driven by strong demand for neodymium and praseodymium used in renewable energy and electric vehicle technologies. The board of Lynas has initiated a formal search for a successor, with the new CEO expected to oversee the expansion of the company’s processing capabilities, including the planned second phase of the Kuantan facility, which aims to boost rare earth element output by 25% by 2028. The transition comes amid heightened geopolitical interest in securing critical minerals supply chains, particularly in the Indo-Pacific region, where Lynas is a key non-Chinese supplier. Investors and industry analysts are monitoring the leadership shift, as Lynas remains one of the largest rare earth producers outside China. The company’s shares, listed on the Australian Securities Exchange (ASX: LYC), have seen a 14% increase in value over the past 12 months, reflecting confidence in its long-term strategy despite global market volatility.