- published: 03 Aug 2016
- views: 922
Nyrstar N.V is a mining and metals business that specialises in zinc. Nyrstar has mining, smelting, and other operations located in Europe, the Americas, China and Australia. Nyrstar was created in 2007 by combining the zinc smelting and alloying operations of Zinifex (an Australian mining company, now merged with Oxiana Limited to form OZ Minerals) and Umicore (a Belgian materials technology company). It is incorporated in Belgium and has its corporate office in Zurich, Switzerland.
Nyrstar mines in Peru, the USA, Mexico, Chile, Honduras, and Canada. It smelts metal in France, Belgium, the USA, the Netherlands, and Australia.
On 29 October 2007, Nyrstar listed on the Euronext Brussels stock exchange through an initial public offering (IPO) and joined the BEL20 index in its annual reshuffle on 4 March 2008. The firm lost its position in the index a year later.
On May 5, 2011 Nyrstar announced that it had successfully completed the placement of its five-year 5.375% fixed rate bonds due 2016 through a public offering in Belgium and Luxembourg. The offering was increased from EUR 150 million to EUR 525 million and the subscription period, initially planned to close on 6 May 2011, was closed early on 2 May 2011.
Take a look at Nyrstar Balen's 44 day turnaround. During this video you’ll see impressions on how the teams safely demolished the old roaster and successfully installed and commissioned the new one.
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Turnaround 2013 Project Renovation Oven F5 Nyrstar Balen
With the 2014 Turnaround now over The Turnaround Team want to recognise the outstanding efforts of those involved. The Turnaround project took over 12 months to plan and culminated in a 3 week execution period which started in May 2014. More than 300 people worked around the clock and delivered more than 31,000 person hours during that 21 day execution period. The #5 Roast Acid Plant was also brought back online ahead of schedule, which is a fantastic effort. Well done everyone. No wonder we are happy people here at Nyrstar Hobart!
Production has stopped for one zinc mine in Middle Tennessee amid declining metal prices.
Nyrstar kondigde vanochtend aan dat het al een groot deel van de toekomstige zinkproductie verkocht heeft. Daarmee maakt het gebruik van de fors gestegen zinkprijzen en verzekert het zich tevens van financiering. Dat laatste is belangrijk om het strategische plan te financieren, waarbij we dan met name denken aan de ontwikkeling en opstart van Port Pyrie. Beleggers belonen het aandeel vandaag duidelijk met winst, maar dat is op een termijn van zes maanden absoluut niet zo. Er worden immers vraagtekens gezet bij de mate waarin de mijnportefeuille gesleten zal kunnen worden. En aan welke prijs? En wanneer. Tijd voor een overzicht.
AAL Dampier - Oxidation Furnace Modules in Port Pirie