Production has stopped for one zinc mine in Middle Tennessee amid declining metal prices.
Officials with Nyrstar Mining Operations said its plant in Carthage is being placed on care and maintenance – meaning production there has stopped.
It’s not currently known how many jobs would be affected.
CEO Bill Scotting said in a statement the decision “was not taken lightly” and was the result of a declining pricing environment.
“We continue to take decisive action to reduce spending in our mines, and further mine operation suspensions may be necessary if the depressed metals price environment continues. We expect to complete the process to divest the majority or all of our mines over the course of 2016,” Scotting said in part.
Scotting went on to thank all Middle Tennessee employees for their hard work.
Click here to read the full statement.
