Nyrstar: Unplanned production outage at Port Pirie smelter
10 Juin 2019 - 8:00AM
Nyrstar: Unplanned production outage at Port Pirie smelter
Regulated Information – Inside Information
Nyrstar: Unplanned production outage at Port Pirie
smelter
10 June 2019 at 08.00 CEST
Nyrstar NV ("Nyrstar" or the “Company”) advises
that it has had to declare force majeure under a number of its
agreements, due to an unplanned stoppage of production at the Port
Pirie smelter that commenced on 28 May 2019. Production is expected
to resume at the end of June 2019.
The Blast Furnace was intentionally shut down in
May 2019, to allow the Top Submerged Lance Furnace (the “TSL”) to
re-establish an adequate stock of product TSL slag feed for the
Blast Furnace, following an extended planned shutdown of the TSL in
April 2019. The Blast Furnace restart was unexpectedly delayed by a
steam eruption in the Refinery, and a failed Blast Furnace water
jacket.
On 5 June 2019, a failure of the TSL main
process gas duct, between the Waste Heat Boiler and Evaporative Gas
Cooler, required a further shutdown of the TSL for remedial work.
Consequently the further extended Blast Furnace outage now requires
a partial dig out of the Continuous Drossing Furnace, essential for
treatment of all lead output from the Blast Furnace, as it has now
fully solidified. It is expected that the Blast Furnace and TSL
will restart at approximately the same time at the end of June
2019.
This unplanned shutdown will have a material
negative impact on production at Port Pirie and Underlying EBITDA
in Q2 2019. Nyrstar has not yet fully quantified the impact and
will provide further information regarding the resolution of the
production outage in due course.
About Nyrstar
Nyrstar is a global multi-metals business, with a market leading
position in zinc and lead, and growing positions in other base and
precious metals, which are 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 and Australia and employs approximately 4,100
people. Nyrstar is incorporated in Belgium and has its corporate
office in Switzerland. Nyrstar is listed on Euronext Brussels under
the symbol NYR. For further information please visit the Nyrstar
website: www.nyrstar.com.
For further information
contact:
Anthony Simms - Head of Investor Relations &
Insured Risk T: +41 44 745 8157 M: +41 79
722 2152 anthony.simms@nyrstar.com Franziska
Morroni - Head of Corporate Communications T: +41 44
745 8295 M: +41 79 719 2342 franziska.morroni@nyrstar.com
- Port Pirie unplanned outage EN 10062019 FINAL
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