Nyrstar Lowers 2011 Zinc Mining Target

Reuters reported that Nyrstar SA has decreased its guidance for the prospective zinc that it plans to mine in 2011 due to the turnaround at the Tennessee mines and a production downgrade by Finnish partner, Talvivaara.

As quoted in the market news:

Nyrstar cut its 2011 zinc in concentrate production target to a range of 205,000 to 215,000 tonnes from its previous target of 215,000 tonnes. Finnish miner Talvivaara, which mainly mines nickel but has an agreement with Nyrstar for the supply of zinc, cut its output target in early October.

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