Nyrstar to expand into mining
- Publishing Date
- 24 Jun 2009 10:50am GMT
- Author
- Mining Journal
Nyrstar NV, the world’s largest zinc smelter, plans to expand into mining to secure raw-material supplies following a strategic review of its business.
“Our aim is that smelting and mining will both provide valuable contributions to our earnings,” chief executive Roland Junck said in a statement.
The London-based company said in May it bought three zinc mines from a unit of Strategic Resource Acquisition Corp. for about €10 million euros (US$14 million) to obtain raw material for its smelter in nearby Clarksville, Tennessee.
“Our aim is that smelting and mining will both provide valuable contributions to our earnings,” chief executive Roland Junck said in a statement.
The London-based company said in May it bought three zinc mines from a unit of Strategic Resource Acquisition Corp. for about €10 million euros (US$14 million) to obtain raw material for its smelter in nearby Clarksville, Tennessee.
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