Nyrstar's Auby zinc plant on care and maintenance until further notice
LONDON - Nyrstar has completed scheduled maintenance work at its Auby operation in Northern France, but the smelter will not resume zinc production due to challenging market conditions, the Belgium listed company said on its website.
Nyrstar did not specify the challenges.
"The plant will now be placed on care and maintenance until further notice," Nyrstar said.
"This period will be used to bring forward future planned investments to improve operational stability and efficiency of the Auby smelter once operations are able to restart."
Nyrstar put its zinc smelting operations at Budel in the Netherlands on care and maintenance in September.
High power prices have spurred suspensions and cutbacks by smelters throughout Europe.
Metal industry sources say Nyrstar has the capacity to produce 720 000 t of zinc in Europe, with 315 000 of that at Budel.
Europe accounts for around 15% of global supplies of zinc estimated at about 14-million tonnes this year.
Benchmark zinc prices on the London Metal Exchange hit a record high of $4,896 a tonne in March on worries about shortages, but have since dropped 36% to around $3 125 a tonne as growth and demand slowed.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation