Nyrstar

Nyrstar N.V.

Type	Naamloze vennootschap
Traded as	Euronext: NYR
Industry	Metallurgy
Founded	2007
Headquarters	Zurich, Switzerland (corporate), Balen, Belgium (operational)
Key people	Roland Junck (CEO), Julien De Wilde (Chairman)
Products	Smelting and alloying of zinc and lead; sulphuric acid production; gold, silver and copper (as by-products)
Revenue	€3.348 billion (2011)[1]
Employees	7,000 (end 2011)[1]
Website	www.nyrstar.com

Nyrstar N.V is an integrated mining and metals business with market leading positions in zinc and lead, and growing positions in other base and precious metals; essential resources that are fuelling the rapid urbanisation and industrialisation of our changing world. Nyrstar has mining, smelting, and other operations located in Europe, the Americas, China and Australia. Nyrstar is incorporated in Belgium and has its corporate office in Switzerland.

Incorporated in Belgium and with its corporate offices in Zürich (Switzerland), the company produces zinc and lead, as well as other products, such as silver, copper and gold. It has three segments: Smelting, which comprises the smelters, such as Auby (France), Balen (Belgium), Budel (Netherlands), Clarksville (United States), Hobart (Australia) and Port Pirie (Australia); Mining, which involves the Tennessee mines (United States), the Coricancha, the Contonga and Pucarrajo mines (Peru), the Campo Morado mine (Mexico, the El Toqui mine (Chile), the El Mochito mine (Honduras), the Myra Falls mine (Canada), the Langlois mine (Canada) and the zinc streaming agreement with the Talvivaara mine (Finland), and Other & Eliminations, which contains Galva 45 (France), GM Metal (France) and the eliminations of the intra-group transactions. During the year ended December 31, 2011, it produced approximately 1.125 million tons of zinc metal. On January 5, 2011, it acquired Farallon Mining Ltd. On July 19, 2010, it acquired the Contonga and Pucarrajo polymetallic mines in Peru. On July 7, 2010, it acquired the remaining 15% interest in the Coricancha mine in Peru. And in 2011 it acquires 4 mining assets from Breakwater Resources, a Canadian company.

Operations

Mining

Zinc streaming agreements

Smelting

Other operations and development projects

Rights Offering

On 29 October 2007, Nyrstar listed on the Euronext Brussels stock exchange through an initial public offering (IPO) and joined the BEL20 index in its annual reshuffle on 4 March 2008.^[2] The firm lost its position in the index a year later.

On May 5, 2011 Nyrstar announced that it had successfully completed the placement of its five-year 5.375% fixed rate bonds due 2016 (the "Bonds") through a public offering in Belgium and Luxembourg. Due to strong demand the offering was increased from EUR 150 million to EUR 525 million and the subscription period, initially planned to close on 6 May 2011, has been closed early on 2 May 2011.^[3]

Management

Board of directors

• Julien De Wilde, Chairman Non-Executive
• Roland Junck CEO, Director Executive
• Peter Mansell, Director Non-Executive
• Karel Vinck, Director Non-Executive
• Ray Stewart, Director Non-Executive
• Oyvind Hushovd, Director Non-Executive

Management committee

• Roland Junck Chief Executive Officer
• Heinz Eigner Chief Financial Officer
• Greg McMillan Chief Operating Officer
• Russell Murphy Chief Human Resources Officer
• Michael Morley Chief Corporate and Development Officer

Nyrstar zinc works at Lutana in Hobart, Tasmania

References

This article relies on references to primary sources or sources affiliated with the subject, rather than references from independent authors and third-party publications. Please add citations from reliable sources. (December 2007)

External links

• Official website

Companies portal

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