Latest news with #Nyrstar
Yahoo
23-05-2025
- Business
- Yahoo
Nyrstar NV releases notice for the 2024 annual general shareholders' meeting to be held on 24 June 2025
Regulated Information Nyrstar NV releases notice for the 2024 annual general shareholders' meeting to be held on 24 June 2025 23 May 2025 at 07.00 CEST Nyrstar NV (the 'Company') today issued the notice for the 2024 annual general shareholders' meeting to be held on 24 June 2025 at 11:00 a.m. CEST. The annual general meeting will be held physically with no virtual option available. The practical modalities of the meeting are set out in the notice to the meeting which has been published on the Company's website ( The full notice, including agenda, proposed resolutions and explanatory note can be found on the aforementioned Nyrstar NV website. About Nyrstar NV The Company is incorporated in Belgium and is listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website: For further information contact: Company Secretary Whyte Corporate Affairs - +32 2738 0620 nyrstar@ Attachment Nyrstar NV AGM 23052025 ENGLISH
Yahoo
23-05-2025
- Business
- Yahoo
Nyrstar NV releases notice for the 2024 annual general shareholders' meeting to be held on 24 June 2025
Regulated Information Nyrstar NV releases notice for the 2024 annual general shareholders' meeting to be held on 24 June 2025 23 May 2025 at 07.00 CEST Nyrstar NV (the 'Company') today issued the notice for the 2024 annual general shareholders' meeting to be held on 24 June 2025 at 11:00 a.m. CEST. The annual general meeting will be held physically with no virtual option available. The practical modalities of the meeting are set out in the notice to the meeting which has been published on the Company's website ( The full notice, including agenda, proposed resolutions and explanatory note can be found on the aforementioned Nyrstar NV website. About Nyrstar NV The Company is incorporated in Belgium and is listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website: For further information contact: Company Secretary Whyte Corporate Affairs - +32 2738 0620 nyrstar@ Attachment Nyrstar NV AGM 23052025 ENGLISHSign in to access your portfolio
Reuters
21-05-2025
- Business
- Reuters
Australia's Nyrstar seeks government funding for antimony production
MELBOURNE, May 21 (Reuters) - Nyrstar, owned by global commodity trader Trafigura, could potentially produce the critical mineral antimony at its South Australian processing plant but would need government support to do so, its CEO Matt Howell said. New supply of the strategic metal crucial to the production of ammunition, night-vision goggles, and infrared sensors is in high demand after China, the world's biggest antimony producer, imposed export controls last year. As part of a strategic review of Nyrstar's Australian operations Trafigura is undertaking, Nyrstar found it would be able to produce up to 5,000 tonnes of antimony metal or antimony trioxide a year at its multi-metals processing plant in Port Pirie by adding an additional processing stage after lead smelting, the company said. "We have the capability to produce a range of critical minerals including antimony to help meet global demand," Nyrstar CEO Matt Howell said. "However, it will require significant investments and support to address the unsustainable market pressures that Australian smelters are facing," he said in a statement to Reuters on May 5. Howell did not specify how much government funding would be necessary to support output at the Port Pirie site or when it could begin producing antimony metal. Australia's smelters are struggling with high domestic power costs and an oversupply of processing capacity in China that has squeezed the fees they can charge to process material. The Australian government is offering billions of dollars in funding to support critical mineral processing. "Antimony is defined as a critical mineral by the Australian Government, which provides a pathway to access substantial government support," a South Australian government spokesperson said. He added that complex refineries were key to the state's economy.
Yahoo
21-05-2025
- Business
- Yahoo
Australia's Nyrstar seeks government funding for antimony production
MELBOURNE (Reuters) - Nyrstar, owned by global commodity trader Trafigura, could potentially produce the critical mineral antimony at its South Australian processing plant but would need government support to do so, its CEO Matt Howell said. New supply of the strategic metal crucial to the production of ammunition, night-vision goggles, and infrared sensors is in high demand after China, the world's biggest antimony producer, imposed export controls last year. As part of a strategic review of Nyrstar's Australian operations Trafigura is undertaking, Nyrstar found it would be able to produce up to 5,000 tonnes of antimony metal or antimony trioxide a year at its multi-metals processing plant in Port Pirie by adding an additional processing stage after lead smelting, the company said. "We have the capability to produce a range of critical minerals including antimony to help meet global demand," Nyrstar CEO Matt Howell said. "However, it will require significant investments and support to address the unsustainable market pressures that Australian smelters are facing," he said in a statement to Reuters on May 5. Howell did not specify how much government funding would be necessary to support output at the Port Pirie site or when it could begin producing antimony metal. Australia's smelters are struggling with high domestic power costs and an oversupply of processing capacity in China that has squeezed the fees they can charge to process material. The Australian government is offering billions of dollars in funding to support critical mineral processing. "Antimony is defined as a critical mineral by the Australian Government, which provides a pathway to access substantial government support," a South Australian government spokesperson said. He added that complex refineries were key to the state's economy.
Yahoo
26-03-2025
- Business
- Yahoo
Trafigura Starts Review of Ailing Australian Smelting Assets
(Bloomberg) -- Trafigura Group has launched a strategic review of its struggling Nyrstar zinc and lead smelting assets in Australia, with Chief Executive Officer Richard Holtum calling for government intervention. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Trump Slashed International Aid. Geneva Is Feeling the Impact. Chicago Transit Faces 'Doomsday Scenario,' Regional Agency Says How SUVs Are Making Traffic Worse 'Smelting capacity is a national security issue and therefore there probably needs to be significant government support for it,' Holtum, who became Trafigura CEO at the start of this year, said at the Financial Times Commodities Global Summit in Lausanne, Switzerland. Despite discussions among Western governments over challenging China's dominance of minerals supply chains, metals processing plants across the world have been under financial strain as competition for raw materials heats up and costs stay high. In a sign of a supply shortfall relative to smelter demand, spot treatment charges for zinc and lead concentrates have mostly stayed below zero since 2024's second half — meaning smelters have had to pay to process ore. Trafigura operates two smelters in Australia through its majority ownership of global processor Nyrstar. In Hobart it has a 280,000 ton per year capacity primary zinc smelter and in Port Pirie it has a 180,000 ton per year lead smelter. Those operations, which employ about 1,300 people, are 'uneconomical' in the face of Chinese competition, the CEO said. Nyrstar has already announced plans to cut around 25% of output at its zinc smelter in Australia from April. Another major zinc producer, Glencore Plc, is also pushing ahead with a review of its global zinc smelting assets, raising the possibility that tightness in the concentrate market will pass into metals. 'There are no sacred cows here,' the CEO said. 'So what we're looking at is every single asset that we own, we're doing a strategic review of some of our struggling assets, Nyrstar Australia being a particular one.' Zinc declined 0.6% to $2,955 a ton on the London Metal Exchange at 11:11 a.m. in Singapore, while lead was also down. --With assistance from Winnie Zhu and Jessica Zhou. (Updates with context about treatment charges and production review in fourth and sixth paragraphs. Also added prices in last paragraph.) Google Is Searching for an Answer to ChatGPT Business Schools Are Back The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers ©2025 Bloomberg L.P. Sign in to access your portfolio
