Battling debt deadlines, Recylex says Weser-Metall lead smelter up for sale

Recylex has placed three companies including German primary smelter Weser-Metall up for sale, with the European lead producer forced to offload assets to reduce outstanding debts of €200 million ($221.4 million).

"The group is working on the disposals of PPM Pure Metals GmbH, for which it has already received expressions of interest, Norzinco GmbH and Weser-Metall GmbH," it said in a statement late on December 20.
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Published

Archie Hunter

December 23, 2019

12:36 GMT

London