Legal stoush looms between SA Government and Nyrstar over Port Pirie smelter
By Isabel Dayman and Rebecca Puddy
Posted about 3 hours ago
A grey manufacturing plant with an old building to the left and a new, grey tower in the centre
PHOTO: Nyrstar has deferred loan repayments of its loan to upgrade Port Pirie's smelter. (ABC News: Glen Moret)
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The South Australian Government has threatened legal action after Belgian metals processor Nyrstar said it would defer repayments on a loan to upgrade the Port Pirie smelter.
The $660 million redevelopment opened in January, using a loan underwritten by the former Labor government following negotiations with independent Geoff Brock.
In the deal with Nyrstar, the Government underwrote a guarantee for the $291.25 million in external finance raised by the company, which now sits as a liability on the state's balance sheet.
South Australian Treasurer Rob Lucas said the company had indicated it planned to defer payments to its international financiers until November 2019, pushing back the first 18 months of a five-year schedule of repayments.
He described the contract that did not require the company to make loan repayments at set intervals as "unusual".http://www.abc.net.au/news/2018-05-17/s ... de/9772226
In het artikel staat ook wat over zorgen bij bevolking vanwege loodvergiftiging. Er is dus een grote groep mensen die weinig steun geven aan Nyrstar.