Nyrstar’s Hobart Zinc operations to reduce production by 25%
Wednesday March 12, 2025Hobart, Australia, 12 March, 2025 – Nyrstar’s Hobart Zinc Operations in Australia will reduce production by around 25 percent from April 2025 until further notice.
This decision follows a thorough and extensive review and is a direct response to deteriorating market conditions and financial losses being sustained by Nyrstar Australia.
Nyrstar’s Australian assets continue to face significant financial challenges due to several external factors including worsening conditions in raw material markets, negative treatment charges, and increased costs.
There are no immediate job reductions planned, and the facility will continue to be maintained to retain flexibility. Nyrstar Hobart General Manager, Todd Milne explained that the duration of the production decrease will depend on future markets and operating conditions.
“Nyrstar Australia plays an important role in maximising the value of Australian metals and minerals. We remain optimistic about the future and have the flexibility to lift production levels when operating conditions improve” Mr Milne said.
The reduction in production will be implemented in a staged approach from April 2025.
ENDS
About Nyrstar Australia
Nyrstar Australia is a national multi-metals processing and refining business, operating in Port Pirie and Hobart for over 100 years to produce lead, silver, zinc, and many other materials that are essential for the manufacture of products used by everyone, every day.
Nyrstar Australia employs over 1,400 people across processing plants in Port Pirie and Hobart that operate as two interlinked sites and play a critical role in increasing the value of the metals and minerals obtained from resources sourced from across Australia and around the world.
Nyrstar is an international producer of critical minerals and metals essential for a low carbon future with mining, smelting and other operations located in Europe, the United States and Australia. Nyrstar’s operating business is wholly owned by Trafigura, one of the world’s leading independent commodity trading and supply chain logistics companies.
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