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nyrstar negotiations

  1. 14 Posts.
    Intec revealed that they were in negotiations with Nyrstar regarding the IHRP/IMRP back in April;

    On page 20, the presentation submitted by Intec lists "Nyrstar (Risdon & Belgium) negotiations" as an important relationship for the then Hellyer Residues Project.

    Subsequently, Nyrstar announced plans to either move some operations from Port Pirie to Risdon, "modernise its smelting technology and increase multi-metals recycling" at Port Pirie, or both. This press release came from Nyrstar on the 19th of August;

    At that time Nyrstar were expecting feasibility studies on the move and on upgrading Port Pirie to take 3 months and 6 months respectively, with the latter being carried out by WorleyParsons.

    Here's some media coverage with more comments from Nyrstar;,,24205134-2682,00.html

    Port Pirie currently produces Lead and lead alloys, SHG zinc and zinc alloys, copper, gold and silver from 55% concentrates and 45% recycled materials and residues.

    I believe that the legally binding agreement will relate to Intec participating in one or both of the feasibility studies with a view to establishing a joint venture between Nyrstar and Intec for the IMRP.

    cheers and bottoms up,
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