Nyrstar takes $222m charge on zinc streaming agreement with Talvivaara

Nyrstar will take an impairment charge of €210 million ($222 million) on its zinc streaming agreement with Finnish producer Talvivaara.

“Nyrstar has reviewed the prospects of recovering its zinc streaming agreement with Talvivaara and confirms that it has impaired the value of the agreement in full in its first quarter 2015 accounts,” it said on Friday March 13.

“The impairment is a non-cash journal entry and Nyrstar remains compliant...

Published

Deepali Sharma

March 13, 2015

07:27 GMT

Singapore