NYRSTAR : 2014 Second Interim Management Statement

Regulated Information

2014 Second Interim Management Statement

23 October 2014

Nyrstar NV ("Nyrstar" or the "Company") announced today solid operational performance in its second interim management statement for the year 2014.

Nyrstar's management is hosting an analyst and investor conference call at 09:00 CET to discuss this announcement. Conference call details can be found at the end of the press release.

HIGHLIGHTS

• Continued solid operational performance for Metals Processing with zinc market metal production of 269,000 tonnes in Q3 2014, up 1% quarter-on-quarter; 821,000 tonnes in 9M 2014, up 4% year-on-year[1]
   
• Improving operational performance for Mining with zinc in concentrate production (own mines) of 70,000 tonnes in Q3 2014, up 4% quarter-on-quarter; 210,000 tonnes in 9M 2014, up 3% year-on-year
   
• Full year production guidance maintained
   
• Remain on track to deliver against previously announced annualised Project Lean savings target of EUR 75m by the end of 2014
   
• Q3 2014 average zinc price of USD 2,311/t, up 11% quarter-on-quarter. Near term zinc price trading conditions remain volatile. Nyrstar remains confident in the underlying fundamentals of the zinc market in the medium term
  
  
• Zinc premia and treatment charge outlook favourable for smelters
  
  
• Nyrstar successfully completed its Comprehensive Strategic Financing  to continue its strategy execution while enhancing the Company's financial position
   
• In early October Nyrstar successfully completed the forward sale of a portion of the incremental future silver production of the redeveloped Port Pirie for AUD 120 million, which is the second component of the funding package for the Redevelopment

[1] Historical zinc metal production adjusted to reflect the closure of the zinc plant at Port Pirie in July 2014.

CONFERENCE CALL

Management will discuss this statement in a conference call with the investment community on 23 October 2014 at 09:00 Central European Time. The presentation will be webcast live on Nyrstar's website, www.nyrstar.com:
http://www.nyrstar.com, and will also be available in archive.  The webcast can be accessed via: http://www.media-server.com/m/p/5tp7zvij:
http://www.media-server.com/m/p/5tp7zvij.

Access Numbers

Confirmation code: 6708702
Participants will need to quote the confirmation code to the conference call operator to access the call.

ABOUT NYRSTAR
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 our changing world. Nyrstar has mining, smelting, and commercial operations located in Europe, the Americas, China and Australia and employs approximately 6,600 people. Nyrstar is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on NYSE Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website, www.nyrstar.com:
http://www.nyrstar.com.

For further information
Amy Rajendran  Group Manager Investor Relations  T: +41 44 745 8103    M: +41 79 722 3089    E: amy.rajendran@nyrstar.com:
mailto:amy.rajendran@nyrstar.com
Greg Morsbach  Group Manager Corporate Communications   T: +41 44 745 8295   M: +41 79 7192342    E: greg.morsbach@nyrstar.com:
mailto:greg.morsbach@nyrstar.com

FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements that reflect Nyrstar's intentions, beliefs or current expectations concerning, among other things: Nyrstar's results of operations, financial condition, liquidity, performance, prospects, growth, strategies and the industry in which Nyrstar operates. These forward-looking statements are subject to risks, uncertainties and assumptions and other factors that could cause Nyrstar's actual results of operations, financial condition, liquidity, performance, prospects or opportunities, as well as those of the markets it serves or intends to serve, to differ materially from those expressed in, or suggested by, these forward-looking statements. Nyrstar cautions you that forward-looking statements are not guarantees of future performance and that its actual results of operations, financial condition and liquidity and the development of the industry in which Nyrstar operates may differ materially from those made in or suggested by the forward-looking statements contained in this news release. In addition, even if Nyrstar's results of operations, financial condition, liquidity and growth and the development of the industry in which Nyrstar operates are consistent with the forward-looking statements contained in this news release, those results or developments may not be indicative of results or developments in future periods. Nyrstar and each of its directors, officers and employees expressly disclaim any obligation or undertaking to review, update or release any update of or revisions to any forward-looking statements in this report or any change in Nyrstar's expectations or any change in events, conditions or circumstances on which these forward-looking statements are based, except as required by applicable law or regulation.

The full press release can be downloaded from the following link: