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    market news

    Nyrstar to Invest A$350 Million for Australian Port Pirie Smelter Redevelopment

    Investing News Network
    Jul. 13, 2012 06:41PM PST
    Base Metals Investing

    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.

    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.

    Click here to read the full Reuters report.

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