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Baker & McKenzie Advises Nyrstar On Strategic Agreement With Noble

09 Oct 2013

London, UK/Brussels, Belgium - 2 October 2013 – Leading global law firm Baker & McKenzie has advised multi-metals business Nyrstar NV on its strategic off-take and marketing agreement with Noble Group, to market and sell a significant portion of the commodity grade zinc metal produced at its European smelters.

The agreement is a first step in executing a European zinc plan aimed at actively marketing Nyrstar's product and achieving long term value in terms of customers, product mix and geography. The agreement has a term of four years, commencing 1 January 2014.

Corporate partner Richard Blunt, who co-led on the transaction said, "We are delighted to have assisted long-standing Firm client Nyrstar in putting their agreement with Noble, covering Special High Grade (SHG) and Continuous Galvanizing Grade (CGG) zinc metal, into place. We believe that this constitutes a key step in implementing Nyrstar's new global commercial strategy."

Partners Calvin Walker, Geert Bovy and Roel Meers worked alongside Richard on the transaction, together with senior associate Marni Riley.

Nyrstar is an integrated mining and metals business, with market leading positions in zinc and lead, and growing positions in other base and precious metals; essential resources that are fuelling the rapid urbanisation and industrialisation of a changing world. Nyrstar has mining, smelting, and other operations located in Europe, the Americas, China and Australia and employs over 7,000 people. Nyrstar is listed on NYSE Euronext Brussels.

Noble Group manages a portfolio of global supply chains covering a range of agricultural and energy products, as well as metals, minerals and ores. Operating from over 140 locations and employing more than 70 nationalities, Noble facilitates the marketing, processing, financing and transportation of essential raw materials.

Matter Type
Corporate
Industry
Mining
News Category
Corporate & Commercial