Nyrstar Budel will temporarily stop production on two zinc mines

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The Netherlands polymetallic Nyrstar Budel, being in property of the international trading Trafigura Group Pte. Ltd, reported that since November 30 will suspend work of two zinc mines to United States of America for an indefinite term. The reason of a conclusion of these capacities in idle time company calls adverse market conditions. Since the beginning of the current year of the quotation on zinc at London Metal Exchange went down more than for 15% while expenses of the American division of Nyrstar Budel increased because of inflation. This division under the name Middle Tennessee Mines includes Gordonsville and Cumberland mines...
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LME
Main activity:Finance
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Nyrstar Budel
Main activity:Metallurgy and metal processing
Trafigura Pte Ltd
Main activity:Metallurgy and metal processing