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Nyrstar To Restart Balen Zinc Plant At 70% Capacity In Q4 09

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SMM Daily Review (Sept. 17)

LONDON, Sept. 18 -- Belgium zinc producer Nyrstar SA (NYR.BT) plans to restart its Balen zinc smelter in the fourth quarter at 70% capacity, the company said Thursday.
&nbsp;&nbsp;&nbsp; Balen is one of the world's biggest zinc smelters, with an annual capacity of 270,000 metric tons of zinc.
&nbsp;&nbsp;&nbsp; Nyrstar shut Balen last November after prices fell nearly 60% to a four-year low.
&nbsp;&nbsp;&nbsp; The company said it will monitor market conditions before returning the smelter to full capacity.
&nbsp;&nbsp;&nbsp; &quot;Whilst we believe that the outlook for zinc in the medium to long term is positive, in the short term markets are likely to remain volatile,&quot; Chief Operating Officer Greg McMillan said in the press statement.
&nbsp;&nbsp;&nbsp; (Source: Dow Jones) 
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Nyrstar To Restart Balen Zinc Plant At 70% Capacity In Q4 09 | SMM

Nyrstar To Restart Balen Zinc Plant At 70% Capacity In Q4 09

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