To be able to make zinc again, Nyrstar ‘urgently’ needs government money

To be able to make zinc again, Nyrstar ‘urgently’ needs government money
To be able to make zinc again, Nyrstar ‘urgently’ needs government money
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Zinc smelter Nyrstar from Budel has halted zinc production since January due to high energy costs and unfair competition with foreign countries. Now the company says that government support is ‘urgently’ needed to start making zinc again: “If competition with other European countries does not become fairer, we will have a problem.”

Nystar runs almost entirely on electricity. However, the amount of electricity required by the zinc smelter is so great that, according to the company, it has become unaffordable without government subsidy. For comparison: Nyrstar in Budel requires as much power at full capacity as the city of Eindhoven. That is equal to one percent of the total electricity consumption in the Netherlands.

“Energy prices have fallen, but there is no level playing field.”

CEO Guido Janssen told RTL Z program Z360 on Wednesday that the government should help pay the electricity bill. “What we see now is that energy prices have fallen, but there is no level playing field in Europe,” said Janssen. In other countries such as Belgium, Germany and France, zinc production continues, because the government is helping. Janssen: “If this is not resolved, we will have a problem.”

Nyrstar claims to be the market leader in the field of zinc and lead processing and has its head office in Budel-Dorplein. The company has approximately four thousand employees worldwide, of whom approximately 485 work at the production location in Budel.

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Nyrstar also came to a standstill in 2022 and then the company also asked for financial support

The article is in Dutch

Tags: zinc Nyrstar urgently government money

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