Article: Peru : Peru Government May Close Doe Run Smelter Next Year.

Byline: manish03

Peru s government may close the Doe Run Peru smelter next year if its fails to meet an environmental clean-up deadline, Deputy Mining Minister Felipe Isasi said.

The Renco Group Inc. unit, which shut most of its smelting operations in March after banks cut off financing, is operating at 30 percent capacity, he told reporters today in Lima. The zinc and lead smelter has until October to complete an environmental program, he said.

Under the legal framework, Doe Run Peru has to meet its environmental obligations by October, Isasi said. If it fails to comply, it may be shut down after a six-month audit.

Banks froze Doe Run ...

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