Nexa Resources Stock Price, News & Analysis

Nexa Resources (NYSE:NEXA) has announced a partial and temporary suspension of mining operations at its Atacocha and El Porvenir mines within the Cerro Pasco Complex due to illegal blockades by members of the San Juan de Milpo community. The complex, which produces approximately 1.2kt of zinc per week, has been limited to critical activities for safety and maintenance.

Despite the disruption, the company maintains its 2025 production guidance and reports no material impact on production to date. Nexa is actively engaging with community members and authorities to resolve the situation peacefully.

Nexa Resources (NYSE:NEXA), a leading zinc producer, reported strong Q2 2025 results with Adjusted EBITDA of US$161 million, up 29% quarter-over-quarter, driven by higher smelting and by-products sales volumes and improved metal prices. The company posted net income of US$13 million and net revenues of US$708 million, up 13% from Q1.

Key operational highlights include zinc production of 74kt, metal and oxide production of 139kt, and sales of 145kt. The company made significant progress in its Cerro Pasco Integration Project and completed a successful US$500 million bond issuance with a 6.600% coupon rate, strengthening its financial flexibility.

CAPEX for Q2 reached US$87 million, with US$17 million invested in the Cerro Pasco Integration Project. The company maintains its full-year 2025 CAPEX guidance of US$347 million.

Nexa Resources (NYSE:NEXA) has released its exploration results for the first half of 2025, completing 131,910 meters of total drilling. The program included 28,145 meters of exploration drilling and 103,765 meters of mining infill drilling across multiple locations.

Key drilling results include significant mineral intercepts at multiple sites: Cerro Lindo's Orebody 8C yielded 2.92% Zn over 4.2 meters, Aripuanã's Massaranduba target showed 7.59% Zn over 10.8 meters, Vazante's Conexão Sucuri Norte revealed 22.14% Zn over 6.3 meters, and El Porvenir's Integración target produced 2.83% Zn over 18.6 meters.

The company achieved 85% of planned exploration drilling despite weather and operational challenges. For H2 2025, Nexa plans 47,245 meters of additional drilling, focusing on operations in Peru and Brazil.

Nexa Resources (NYSE:NEXA) announced the full resumption of operations at its Cajamarquilla smelter following a successful conclusion of labor union negotiations. The temporary suspension of operations lasted three days before normal capacity utilization levels were restored. The company confirmed that its 2025 sales guidance remains unchanged despite the brief interruption.

The company emphasized its ongoing commitment to employee, contractor, and community health and safety, while maintaining constructive dialogue in compliance with regulations.

Nexa Resources (NYSE:NEXA) announced a partial and temporary suspension of operations at its Cajamarquilla smelter due to a strike initiated by operator employees on June 25, 2025. Despite weeks of negotiations and involvement from the Ministry of Labor, no agreement has been reached with the operator's union, though the company has successfully concluded an agreement with the technician's union.

The company maintains that dialogue channels remain open and is implementing necessary measures to protect employees, contractors, and communities. Importantly, Nexa does not expect this situation to impact its 2025 sales guidance.

Nexa Resources (NYSE: NEXA) has signed a definitive agreement to sell its Otavi Project in Namibia to Midnab Resources, a subsidiary of Midas Minerals Ltd. The deal involves the sale of ten Exclusive Prospecting Licenses in the Damara Belt region. The transaction includes a $3.0 million upfront payment and potential additional payments of up to $7.0 million tied to development milestones.

The Project was previously part of a joint venture between Nexa Brazil and JOGMEC, with the latter retaining rights to 49% of the sale proceeds. Nexa will maintain royalty rights on the Project's future development. The deal is expected to close by December 31, 2025. This divestment aligns with Nexa's portfolio optimization strategy, focusing on return-generating assets and enhanced free cash flow, while maintaining strategic interest in Namibian copper exploration.

Nexa Resources S.A. (NYSE: NEXA) held its Annual and Extraordinary General Meetings on May 8, 2025, with strong shareholder participation of 88.86% of total voting shares. Key approvals included:

- The reelection of Flavio Aidar to the Board (87% approval)

- Appointment of PricewaterhouseCoopers LLP as statutory auditor (79.35% approval)

- Unanimous approval of 2024 Annual Accounts and Consolidated Financial Statements

- Authorization for the Board to increase share capital (76.14% approval)

- Authorization to limit/cancel preferential rights in public offers (76.15% approval)

All proposed resolutions passed successfully, with shareholders showing strong support across most agenda items.

Nexa Resources reported a strong financial turnaround in Q1 2025, achieving a net income of US$29 million, reversing losses from previous periods. The company's Adjusted EBITDA reached US$125 million, while net revenues grew 8% year-over-year to US$627 million.

Despite operational challenges including heavy rainfall and production instabilities, the company successfully executed a US$500 million bond issuance in April 2025, strengthening its financial position. The 12-year bond carries a 6.600% coupon and enables significant debt restructuring.

Production metrics showed mixed results: zinc production decreased 23% to 67kt, copper production increased 2% to 8kt, and metal sales reached 130kt. The company advanced its Cerro Pasco Integration Project and maintained focus on ESG initiatives, including the introduction of hybrid loaders and enhanced safety measures.

Nexa Resources (NYSE: NEXA) has released its 2024 Sustainability Report, showcasing the company's dedication to corporate sustainability and responsible business practices. The comprehensive report details the organization's achievements and initiatives across multiple domains:

• Operational performance
• Workforce development
• Community engagement
• Environmental stewardship

The report adheres to several international reporting frameworks, including:

• International Integrated Reporting Council (IIRC)
• Global Reporting Initiative (GRI)
• Sustainability Accounting Standards Board (SASB)
• Task Force on Climate-Related Financial Disclosure (TCFD)

This alignment with multiple global standards demonstrates Nexa's commitment to transparency and standardized sustainability reporting practices.