Nyrstar sets ramp-up date for US zinc mines

Dec 07, 2009 | 11:42 AM |

Nyrstar NV will ramp up its newly acquired East Tennessee zinc mine and Gordonsville zinc mine complexes to full production by the end of 2010.

The return to full production will require about $20 million of capital expenditure in 2010, the company said.

The East Tennessee zinc mine complex, which it agreed to buy almost three months ago from Swiss trading house Glencore International AG for $126 million, will be combined with the Gordonsville zinc mine complex, which it bought in May from Mid-Tennessee Zinc. Corp. for about $10 million. Together they will form the Nyrstar Tennessee Mines.....

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