Silvermet Inc. is a Canada-based zinc production company. The Company's principal business activity is the development of the electric arc furnace dust (EAFD) recycling business in Turkey to recover zinc in concentrate, which is sold to smelters, primarily in the European market. The Company, in partnership with Befesa Zinc S.A.U. (Befesa), a Spanish company that operates a number of Waelz kilns throughout Europe, has a joint venture known as Befesa Silvermet Turkey, S.L. (BST) operating the Iskenderun plant. The Company holds interest in Befesa Silvermet Iskenderun Celik Tozu Geri Donusumu A.S. (BSI), which holds and operates the Iskenderun facility.