Regulated Information - Inside Information
5 October 2016 07.00pm CEST
Nyrstar NV announces today that the remediation approach, associated with the removal of asbestos identified within the cladded vessels in the new acid plant in late August 2016, has been agreed and approved by the regulatory body SafeWork SA.
Initial set-up work for the remediation process has already begun. Remediation activities are not expected to have any impact on the overall project schedule or costs.
The project is progressing in line with its budgeted cost to complete of AUD 563 million and its schedule with commissioning and ramp-up activities to continue through H2 2016 and into 2017. Once fully ramped-up, the Port Pirie Redevelopment will allow Nyrstar to capture a greater proportion of the value contained within the feed material consumed by Metals Processing's global network of smelters.
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 5,000 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 - Group Manager Investor Relations T: +41 44 745 8157 M: +41 79 722 2152 anthony.simms@nyrstar.com
Franziska Morroni - Group Manager Corporate Communications T: +41 44 745 8295 M: +41 79 719 2342 franziska.morroni@nyrstar.com