News Formal

'Perfect storm’ in zinc market caused Tara Mine closure - CEO

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 4 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Gunnar Nystrom, the CEO of Tara Mines in Co Meath, has said the decision to temporarily close and lay off up 650 workers was done in the face of “tremendous unsustainable losses”.

Nystrom said Tuesday’s decision was a necessity to safeguard

the future of the company and stem the cash flow out of the company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines