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Nyrstar to expand into mining

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.
 



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