Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

AlwaysFree: Trafigura Completes Acquisition Of Ecobat Stolberg Multi-Metals Processing Plant

Author: SSESSMENTS

According to the company’s website press release on February 15, 2023, Trafigura, a market leader in the global commodities industry, and Ecobat, the global leader in battery recycling, are pleased to confirm that Trafigura’s acquisition of the Ecobat Resources Stolberg GmbH (ERS) business has been completed following the satisfaction of customary conditions precedent including the receipt of regulatory approvals.

As previously announced, the Stolberg plant will be operated and managed by Nyrstar, an international producer of critical minerals and metals essential for a low carbon future. The Stolberg business will operate under the name ‘Nyrstar Stolberg GmbH’ going forward. Nyrstar is wholly owned by the Trafigura Group.

“We welcome the highly engaged Stolberg team to Nyrstar and look forward to working hand in hand to increase local availability of highly relevant materials for the fast-evolving European green transition as we plan to bring Nyrstar Stolberg on line in the coming weeks,” said Guido Janssen, Co-CEO of Nyrstar.

“We are pleased to complete this sale and look forward to championing the Stolberg plant as it restarts production under a new owner. Meanwhile, we will continue to concentrate our portfolio on our core business of battery recycling in the circular energy economy,” said Marcus Randolph, CEO of Ecobat.

For further information please contact:

Ecobat Press Office: ecobat@edelman.com 

Nyrstar Press Office: +31 (0) 495 512 930 or media@nyrstar.com 

Trafigura Press Office: +41 (0) 22 592 4528 or media@trafigura.com 

Notes to editors

About ERS (now Nyrstar Stolberg)

ERS – which will operate under the name Nyrstar Stolberg - was founded in 1848 and is one of the largest and most modern primary multi-metal smelters in the world. The facility produces primary lead and more than 100 different specifications of market-leading lead alloys, battery based sulphuric acid as well as precious metals such as silver, gold, and platinum from lead concentrates. The plant has been under repair since a major flood event occurred in July 2021.

About Nyrstar

Nyrstar is an international producer of critical minerals and metals essential for a low carbon future. With a market leading position in zinc and lead, Nyrstar has mining, smelting and other operations located in Europe, the U.S. and Australia and employs approximately 4,000 people. Its Corporate Office is based in Budel-Dorplein, the Netherlands.

The company’s operations are located close to key customers and major transport hubs to facilitate reliable and efficient delivery of raw materials and distribution of finished products. Nyrstar’s operating business is wholly owned by Trafigura, one of the world’s leading independent commodity trading and supply chain logistics companies.

Visit: www.nyrstar.com 

Tags: All Chemicals,All Products,AlwaysFree,Americas,Asia Pacific,English,SEA,Singapore,US

Published on March 2, 2023 2:32 PM (GMT+8)
Last Updated on March 2, 2023 2:32 PM (GMT+8)