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Nyrstar (0JNH)

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Thursday 17 September, 2009

Nyrstar

Nyrstar restarts production activities at Balen





Balen, Belgium (17 September 2009) - Nyrstar NV today announced that
it will restart limited production activities at its Balen (Belgium)
smelter by the end of September.

Initial production activities will be limited to the restart of the
roasting facility which produces calcine for subsequent processing
into zinc metal. The calcine produced at Balen will be used to build
up stocks for zinc production at Balen and Nyrstar's other European
smelters.

Whilst the actual date for recommencing zinc production still remains
subject to a number of considerations (including the successful
conclusion of negotiations for energy supply with the local
electricity supplier), Nyrstar currently expects zinc production to
recommence during Q4 2009.

Once zinc metal production at Balen is recommenced, Nyrstar intends
to produce at 70% of capacity. Further increases in production will
depend on market conditions.

Greg McMillan, chief operating officer of Nyrstar, said:

"We continue to make significant progress in transforming Balen into
a lean, efficient, dynamic and flexible business. Whilst we believe
that the outlook for zinc in the medium to long term is positive, in
the short term markets are likely to remain volatile.  In view of
this we are commencing a prudent ramp-up of activities at the Balen
smelter that should enable zinc production to commence later this
year."


About the Balen smelter
Balen is a large-scale zinc smelter, located in the north-east of
Belgium with a capacity of (approximately) 275.000 tonnes of cathode
zinc. In 2007 and 2008, cathode zinc production at Balen was 254.000
tonnes and 251.000 tonnes (respectively).  In November 2008, Nyrstar
announced production cuts of 28% at Balen, before placing the smelter
on care and maintenance in December 2008.  As at 30 June 2009, the
Balen workforce consists out of 435 employees.


                               - end -

About Nyrstar
The partner of choice in essential resources for the development of a
changing world.  Nyrstar is a leading global multi-metals'  business,
producing significant quantities of  zinc and lead  as well as  other
products (including silver, gold and  copper).  Nyrstar is listed  on
NYSE Euronext Brussels under the symbol NYR. For further  information
visit the Nyrstar website, www.nyrstar.com.


Contacts
Michael Morley
Director Legal and
External Affairs
T: +44 20 7408 8120
[email protected]

Investors
Chris James
Group Manager,
Investor Relations
T: +44 20 7408 8161
M: +44 7912 269 497
[email protected]

Media
Geert Lambrechts
Manager
Corporate Communications
T: +32 14 449 646
M: +32 473 637 892
[email protected]


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.




                                                                                                                                                                                                                                           

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