NEWSBREAK: Nyrstar will cut production by up to 50% on surging energy prices

Major zinc producer Nyrstar will cut production by up to 50% from Wednesday October 13 at its three European smelters in response to the surge in energy prices, it said.

Significant increases in the cost of electricity in recent weeks, and the cost burden of carbon emitted by the electricity sector, have been passed on to industrial and domestic customers, making it no longer economically feasible for the company to operate its Budel, Balen and Auby plants...

Published

Yiwen Ju

October 13, 2021

09:17 GMT

Shanghai