Balen, Belgium (25 March 2009) - Nyrstar NV today announced that Balen/Overpelt's management, unions and workers have reached an agreement on the social plan in relation to the restructure announced on 15 October 2008.
As previously announced, the restructure will result in a decrease of 205 jobs over the next 24 months.
The suspension of production at the plant will not be affected by the agreement but, as previously announced, will continue to be reviewed.
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About Nyrstar
Nyrstar is a supplier to the global commodity markets and is driven by value creation. Nyrstar currently produces significant quantities of zinc, lead and other valuable metals. Nyrstar is listed on Euronext Brussels under the symbol NYR. For further information visit the Nyrstar website,
www.nyrstar.com
Contacts
Investors / Media
Michael Morley
Director Legal and
External Affairs
T: +44 20 7408 8120
Craig Chapman
IR Manager
T: +44 20 7408 8195
M: +44 7912 391 370
Geert Lambrechts
Communications Advisor
T: +32 14 449 646
M: +32 473 637 892