Nyrstar profits slumped by 73% year on year in the third quarter as a result of lower metal prices which affected the company's bottom line.
Nyrstar, Europe's biggest zinc smelting company by volume, saw group profits come in at ?,?13 million ($14.79 million) in the September quarter, against ?,?51 million in the third quarter of 2017. Lower realized prices for zinc, which were 22% below the year's first half average, came at a time when annual treatment charges for zinc concentrates have been signed at the lowest levels since 2004. The London Metal Exchange...