Horsehead hedging effort saves $1.3M for zinc plant

Sep 06, 2013 | 11:06 AM | Everdeen Mason

Tags  Horsehead Holding, zinc, smelting plant, Mooresboro facility, Ali Alavi, London Metal Exchange, Jim Hensler, Everdeen Mason

NEW YORK — Horsehead Holding Corp. has logged $1.3 million in cost savings that will be allocated toward its upcoming zinc smelting plant in Mooresboro, N.C.

"That $1.3 million would make up part of our cash balance, much of which is being used for the new project," senior vice president of corporate and environmental affairs Ali Alavi told AMM.....

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