Recylex 2017 revenues up 18% on metal price gains; plans new reduction furnace

By Julian Luk / February 16, 2018 / www.metalbulletin.com / Article Link

Lead recycler Recylex's 2017 revenue rose almost one-fifth to ?,?450.3 million ($564.1 million) from a year ago due to soaring lead and zinc prices.

Sales of lead, which accounts for over 70% of Recyclex's total revenue, rose 16% to ?,?324.1 million on strong lead prices and improving production last year, according to the company statement. During 2017, average lead and zinc prices in Europe rose 21% and 35%, respectively, to ?,?2,052 per tonne...

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