Reuters reported that Nyrstar (OTC Pink:NYRSF) plans to invest A$350 million ($353.8 million) for the redevelopment of its Australian Port Pirie smelter.
As quoted in the market news:
The Belgium-based company said it could turn the smelter into a metals recovery facility to process and recycle a range of raw materials, including internal residues from its existing network of zinc smelters and complex lead concentrates.
Are you thinking of investing in zinc – “the 2nd best-performing metal of 2016” after silver?
Find out everything an investor needs to know about the zinc market. Click below to download a FREE industry report on zinc investing.