European Zinc Smelters Slashing Production..Bad news for some is good news for others.
"
Nyrstar slashes zinc output as power prices surge
Author of the article:
Article content
Nyrstar will cut production by up to 50% at its three European zinc smelters from Wednesday due to the soaring price of electricity, the Belgium-based company said in a release.
“The cost burden of carbon emitted by the electricity sector which is passed on to industrial and domestic customers, mean it is no longer economically feasible to operate the plants at full capacity,” Nyrstar said."