Govt bailout of metals producer Nyrstar blows past $240m


Joseph Brookes
Senior Reporter

State and federal governments on Wednesday bailed out global minerals and metals producer Nyrstar with another $105 million package, allowing the company to complete feasibility work at the Port Pirie and Hobart operations over six months.

The federal, Tasmanian and South Australian governments had already tipped $135 million into an initial rescue package last August for Nyrstar, which employs around 1400 people across the sites.

The company has negotiated the …

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