News Formal

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

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

Mine announced temporary closure yesterday, in a move that will cost 650 jobs and impact 2,000 people in Navan area

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.

 

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Perfect storm’ in zinc market caused Tara Mine closure - CEOMine announced temporary closure yesterday, in a move that will cost 650 jobs and impact 2,000 people in Navan area
Source: businessposthq - 🏆 8. / 71 Read more »

'Perfect storm’ in zinc market caused Tara Mine closure - CEOGunnar 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”.
Source: businessposthq - 🏆 8. / 71 Read more »