Nyrstar proceeds with Port Pirie Redevelopment

Funding and support package with Government finalised.

Further to the announcement on 30 April 2014, Nyrstar NV ('Nyrstar' or the 'Company') announced today it has signed a binding agreement for the final funding and support package for the redevelopment of the Port Pirie smelter into an advanced metals recovery and refining facility (the 'Redevelopment') with the South Australian Government and EFIC, Australia's export credit agency.

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Nyrstar: Outcome of the Smelting Strategic Review and update on the Port Pirie Redevelopment

29th October, 2013
Nyrstar today announced that it has completed the Smelting Strategic Review ("SSR") and the pre-feasibility study of the proposed Port Pirie Redevelopment ("Redevelopment"). The SSR has identified an attractive portfolio of investments in multi-metals recovery and an overall Metals Processing Transformation ("Transformation") blueprint that provides a unique and compelling business case. The redevelopment of the Port Pirie primary lead smelter (South Australia) into an advanced metals recovery and refining facility is expected to fundamentally transform the site's operating and business model. The pre-feasibility study ("PFS") has confirmed the technical and environmental capability of the Redevelopment. Read more...

Nyrstar smelter transformation legislation passed in State Parliament

-Hon Tom Kenyon MP, 11/09/2013
Legislation providing Nyrstar with regulatory certainty for the company’s proposed $350-million smelter transformation of its Port Pirie smelter was passed in State Parliament today.
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