Nyrstar makes hires ahead of deal with Noble

Sep 16, 2013 | 11:17 AM | Mark Burton

Tags  zinc, Nyrstar, Noble Group, Glencore Xstrata, Trafigura, zinc marketing, European zinc premiums, mating season Mark Burton

LONDON — Nyrstar NV has hired four senior managers to boost its marketing capabilities ahead of the termination of its European sales agreement with Glencore Xstrata Plc at year-end.

The hires—from Corporación Nacional del Cobre de Chile (Codelco), Louis Dreyfus Commodities Group, Rio Tinto Minerals and Trafigura Beheer BV warehousing subsidiary Impala—come as observers say Nyrstar is finalizing an offtake agreement with Hong Kong-based trading house Noble Group Ltd. that is set to include an option for the zinc producer to market a significant portion of its own European commodity-grade output.....

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