Nyrstar announces major investment in Hobart

Zinc major Nyrstar on Friday reported that it would invest in the construction of a new electrolysis plant at the company’s ‘Zinc Works’ operations in Hobart, ensuring a long-term future for metals refining in Australia.

The project is estimated to require an investment of approximately A$400-million in total, with the federal government committing A$50-million of project funding and the Tasmanina government a further A$20-million.