Nyrstar's Budel zinc smelter to curb production due to rising EU energy costs

One of Europe's main zinc smelters, Nyrstar, will cut production at one of its European smelters due to rising energy costs in the continent, at a time when premiums in the region are at six-year highs.

"Nyrstar’s fully electrified zinc smelter in Budel-Dorplein, the Netherlands, is curtailing production during peak times of day when power prices exceed the break-even cost of production. This is in response to the surge in regional power prices over the past year," a spokesperson for Nyrstar told Fastmarkets on Friday. 
The site's key products are special high grade zinc and and zinc galvanizing alloys. Budel also produces other products such as cadmium, copper and sulfuric acid. 

"Industry discussions with the government about potential support are ongoing, but Nyrstar Budel and Dutch...

Published

Ana de Liz

September 24, 2021

11:23 GMT

London