Boliden to Reopen Europe's Largest Zinc Mine After Labor Deal [Financial Post (Toronto, Ontario, Canada)]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Boliden AB will reopen its Irish zinc mine later this year after striking a deal with unions that'll reduce costs but cut the workforce by a third. Boliden mothballed the Tara zinc mine, Europe's largest, last July in response to weak prices for the metal, high energy costs and a slew of production setbacks. The company expects the deal with workers — together with falling energy prices — to bring significant cost savings, it said Friday. Article content The restart offers a sign that calmer energy markets are starting to bring relief to some corners of European industry, after sectors from metals to fertilizer producers curbed or suspended output at the peak of the crisis. Zinc smelting company Nyrstar NV also said this week it will fire up an idled plant in the Netherlands after securing state support to help reduce costs. Article content Th
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News
- Boliden: Agreement reached to reopen Tara [Yahoo! Finance]Yahoo! Finance
- Boliden: Agreement reached to reopen TaraPR Newswire
- Boliden: Confirmation of insurance claim for Rönnskär [Yahoo! Finance]Yahoo! Finance
- Boliden: Confirmation of insurance claim for RönnskärPR Newswire
- Boliden to Reopen Europe's Largest Zinc Mine After Labor Deal [BNN Bloomberg (Canada)]BNN Bloomberg