Nyrstar: Further update on unplanned production outage at Port Pirie smelter
July 09 2019 - 1:00AM
Nyrstar: Further update on unplanned production outage at Port
Pirie smelter
Regulated Information – Inside Information
Nyrstar: Further update on unplanned production outage
at Port Pirie smelter
9 July 2019 at 08.00 CEST
Nyrstar NV ("Nyrstar" or the “Company”) today
provides an update to its press releases issued on 10 June 2019 and
28 June 2019, whereby it was communicated that the Company had to
declare force majeure under a number of its agreements due to an
unplanned stoppage of production at the Port Pirie smelter. The
Company had previously advised on 28 June 2019 that it anticipated
that that the Blast Furnace and TSL Furnace would restart at
approximately the same time in the second week of July 2019. The
Company today provides a further update on the progress for the
restart.
The Company wishes to advise that the force
majeure is now expected to continue until the last week of July
2019. It currently expects both the TSL Furnace and the Blast
Furnace to restart by the end of July 2019.
As previously stated, the extended unplanned
shutdown will have a material negative impact on production at Port
Pirie and Underlying EBITDA. Nyrstar is continuing to quantify the
impact and will provide further information regarding the
resolution of the production outage in due course and by no later
than the H1 2019 results release.
About Nyrstar
Nyrstar is a global multi-metals business, with a market leading
position in zinc and lead, and growing positions in other base and
precious metals, which are essential resources that are fuelling
the rapid urbanisation and industrialisation of our changing world.
Nyrstar has mining, smelting and other operations located in
Europe, the Americas and Australia and employs approximately 4,100
people. Nyrstar is incorporated in Belgium and has its corporate
office in Switzerland. Nyrstar is listed on Euronext Brussels under
the symbol NYR. For further information please visit the Nyrstar
website: www.nyrstar.com.
For further information
contact:
Anthony Simms - Head of Investor Relations &
Insured Risk T: +41 44 745 8157 M: +41 79
722 2152 anthony.simms@nyrstar.com Franziska
Morroni - Head of Corporate Communications T: +41 44
745 8295 M: +41 79 719 2342 franziska.morroni@nyrstar.com
- Port Pirie unplanned outage update EN 09072019 FINAL
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