Nyrstar

Nyrstar N.V. is a global multi-metals business, with a market leading position in zinc and lead and growing positions in other base and precious metals, such as copper, gold and silver. Nyrstar has mining and smelting operations located in Europe, North America and Australia. Nyrstar was created in 2007 by combining the zinc smelting and alloying operations of Zinifex (an Australian mining company, now merged with Oxiana Limited to form OZ Minerals) and Umicore (a Belgian materials technology company). It is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on Euronext Brussels.[5] Nyrstar was acquired by Trafigura in 2019.[6]

Nyrstar N.V.
TypeNaamloze Vennootschap
(a Belgian public company structure)
Euronext: NYR
ISINBE0974294267
IndustryMetallurgy
Founded2007
HeadquartersZurich, Switzerland (corporate)
Budel, Netherlands (operational)
Key people
Daniel Vanin (CEO)[1][2]
ProductsSmelting and alloying of zinc and lead; sulphuric acid production; gold, silver and copper (as by-products)
Revenue€3.5 billion (2017)[3]
Number of employees
4,100 (2017) [4]
Websitewww.nyrstar.com

Operations

Nyrstar has 4 mining operations located in North America.[7] Nyrstar has 6 smelters (in Australia, Belgium, France, Netherlands, and the United States) and 1 fumer in Norway.[8] Trafigura, a worldwide metal and oil trader, owned 24.6% of its shares and took sole ownership of the company on 07/31/2019, during a "capital restructure" of the company, replacing CEO Hilmar Rode with Daniel Vanin, a 40-year miner.

Controversy

A number of children have health problems because of the lead dust but they have not been compensated.[9]

References
  1. "Nyrstar Management Committee". Nyrstar.com.
  2. "Nyrstar Board of Directors". Nyrstar.com.
  3. "Nyrstar Results, Reports and Presentations". Nyrstar.com.
  4. "Nyrstar at a glance". Nyrstar.com.
  5. "Bloomberg Business - Nyrstar Nv (NYR:EN Brussels) - Company Description". Bloomberg.
  6. Hoffman, Andy; Burton, Mark; Farchy, Jack (6 November 2020). "Trafigura Threatened to Deny Nyrstar Key Credit, Adviser Says". Bloomberg. Retrieved 18 March 2021.
  7. Nyrstar Mining Operations on the Nystar website
  8. Nyrstar Metals Processing Operations on the Nystar website
  9. "In the shadow of Port Pirie's lead smelter, parents fight a losing battle against contamination". TheGuardian.com. 3 September 2021.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.