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Closure of Simstar Alloys

Simstar Alloys Pty Ltd has announced the permanent closure of their lead acid battery recycling facility in Laverton, Victoria, effective 31 May 2013. The closure was attributed to challenging macroeconomic conditions and follows an operational and strategic review of the business. Simstar Alloys is a 50/50 joint venture of Nyrstar NV and Sims Metal Management Limited.