Nyrstar secured AUD$105 million government funding for Australian metals modernisation
The funding will progress feasibility studies for modernising operations in Hobart and Port Pirie, aiming to enhance critical minerals production.
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Producer of zinc, lead and critical metals
nyrstar.comLast updated
In short: Nyrstar secured $105 million in Australian government funding for smelter modernization while completing the sale of its U.S. mining and smelting assets.
The funding will progress feasibility studies for modernising operations in Hobart and Port Pirie, aiming to enhance critical minerals production.
CEO Guido Janssen emphasizes that Nyrstar's smelters in Belgium, France, Germany and the Netherlands are ready for germanium, indium, bismuth and antimony. They call for lower energy costs, investment support and downstream collaboration.
It confirms compliance with London Metal Exchange’s requirements. The site joins over 120 worldwide following sustainable practices.
The transaction includes East Tennessee and Mid Tennessee mining complexes and Clarksville smelter. It received all approvals, with assets and employees transferred seamlessly.
The Federal Government has committed a further $105 million to support Nyrstar's Port Pirie and Hobart smelters, backing feasibility work aimed at expanding Australia's critical...
The Australian government will allocate A$105M to aid Nyrstar Australia in modernization studies for its smelting operations.
Key takeaways To prevent the activities of zinc producer Nyrstar in Australia from collapsing, the national government and the states of Tasmania and South Australia have a...
Nyrstar can count on an additional 105 million Australian dollars (about 64 million euros) in government money in Australia to support its activities in the country. That...
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