Nexa Provides Update on Cajamarquilla Operation
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) ha annunciato una sospensione parziale e temporanea delle operazioni presso il suo stabilimento di Cajamarquilla a causa di uno sciopero iniziato dagli operatori il 25 giugno 2025. Nonostante settimane di trattative e l'intervento del Ministero del Lavoro, non è stato raggiunto un accordo con il sindacato degli operatori, mentre l'azienda ha concluso con successo un'intesa con il sindacato dei tecnici.
L'azienda conferma che i canali di dialogo rimangono aperti e sta adottando le misure necessarie per tutelare dipendenti, appaltatori e comunità. È importante sottolineare che Nexa non prevede che questa situazione influenzi le sue previsioni di vendita per il 2025.
Nexa Resources (NYSE:NEXA) anunció una suspensión parcial y temporal de las operaciones en su fundición de Cajamarquilla debido a una huelga iniciada por los empleados operadores el 25 de junio de 2025. A pesar de semanas de negociaciones y la intervención del Ministerio de Trabajo, no se ha alcanzado un acuerdo con el sindicato de operadores, aunque la empresa logró un acuerdo exitoso con el sindicato de técnicos.
La empresa mantiene que los canales de diálogo permanecen abiertos y está implementando las medidas necesarias para proteger a empleados, contratistas y comunidades. Es importante destacar que Nexa no espera que esta situación afecte sus proyecciones de ventas para 2025.
Nexa Resources (NYSE:NEXA)는 2025년 6월 25일 운영자 직원들이 시작한 파업으로 인해 Cajamarquilla 제련소의 일부 운영을 일시적으로 중단한다고 발표했습니다. 수주간의 협상과 노동부의 개입에도 불구하고 운영자 노조와는 합의에 이르지 못했으나, 기술자 노조와는 성공적으로 합의를 마쳤습니다.
회사는 대화 채널이 계속 열려 있으며 직원, 계약자 및 지역사회를 보호하기 위한 필요한 조치를 시행하고 있다고 밝혔습니다. 특히 Nexa는 이번 상황이 2025년 매출 전망에 영향을 미치지 않을 것으로 예상하고 있습니다.
Nexa Resources (NYSE:NEXA) a annoncé une suspension partielle et temporaire des opérations de sa fonderie de Cajamarquilla en raison d'une grève initiée par les employés opérateurs le 25 juin 2025. Malgré plusieurs semaines de négociations et l'intervention du Ministère du Travail, aucun accord n'a été trouvé avec le syndicat des opérateurs, bien que la société ait conclu avec succès un accord avec le syndicat des techniciens.
L'entreprise affirme que les canaux de dialogue restent ouverts et met en œuvre les mesures nécessaires pour protéger les employés, les sous-traitants et les communautés. Il est important de noter que Nexa ne prévoit pas que cette situation affecte ses prévisions de ventes pour 2025.
Nexa Resources (NYSE:NEXA) gab eine teilweise und vorübergehende Einstellung der Aktivitäten in seinem Cajamarquilla-Schmelzwerk bekannt, bedingt durch einen von den Betriebsmitarbeitern am 25. Juni 2025 initiierten Streik. Trotz wochenlanger Verhandlungen und der Einbeziehung des Arbeitsministeriums wurde mit der Gewerkschaft der Betreiber keine Einigung erzielt, während das Unternehmen erfolgreich eine Vereinbarung mit der Techniker-Gewerkschaft abschließen konnte.
Das Unternehmen betont, dass die Dialogkanäle offen bleiben und notwendige Maßnahmen zum Schutz der Mitarbeiter, Auftragnehmer und Gemeinschaften umgesetzt werden. Wichtig ist, dass Nexa nicht erwartet, dass diese Situation die Umsatzprognose für 2025 beeinträchtigt.
- Agreement already reached with technician's union
- No expected impact on 2025 sales guidance
- Dialogue channels with operator's union remain open through Ministry of Labor
- Partial suspension of operations at Cajamarquilla smelter
- Ongoing labor dispute with operator's union despite weeks of negotiations
Luxembourg, Luxembourg--(Newsfile Corp. - June 26, 2025) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa Resources", "Nexa" or the "Company") informs that operations at the Cajamarquilla smelter have been partially and temporarily suspended, as operator employees, represented by their labor union, initiated a strike on June 25, 2025.
Despite several weeks of dialogue, no agreement was reached. The negotiation process has involved the participation of the Ministry of Labor, and dialogue channels remain open. It is important to note that the strike applies only to the operator's union, as the Company has already reached an agreement with the technician's union.
Nexa is closely monitoring the situation and taking all necessary measures to ensure the health and safety of its employees, contractors, and host communities, in accordance with the applicable regulations.
At this time, the Company does not anticipate any impact on its 2025 sales guidance. Nexa will continue to keep the market informed of any relevant developments.
About Nexa
Nexa is a large-scale, low-cost, integrated polymetallic producer, zinc being our main product, with over 65 years of experience developing and operating mining and smelting assets in Latin America. Nexa currently owns and operates four long-life underground polymetallic mines, two located in the Central Andes region of Peru, and two located in Brazil (one in the state of Minas Gerais and one in the state of Mato Grosso). Nexa also owns and operates one low-cost polymetallic open pit mine, also in the Central Andes region of Peru, and three smelters, two located in the state of Minas Gerais in Brazil (Três Marias and Juiz de Fora), and one, located in Lima, which is Cajamarquilla, the largest smelter in the Americas.
Nexa was among the top five producers of mined zinc globally in 2024 and one of the top five metallic zinc producers worldwide in 2024, according to Wood Mackenzie.
Cautionary Statement on Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to in this news release as "forward-looking statements"). All statements other than statements of historical fact are forward-looking statements. The words "believe," "will," "may," "may have," "would," "estimate," "continues," "anticipates," "intends," "plans," "expects," "budget," "scheduled," "forecasts" and similar words are intended to identify estimates and forward-looking statements. Forward-looking statements are not guarantees and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Nexa to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results and developments may be substantially different from the expectations described in the forward-looking statements for a number of reasons, many of which are not under our control, among them, the activities of our competition, the future global economic situation, weather conditions, market prices and conditions, exchange rates, and operational and financial risks. The unexpected occurrence of one or more of the abovementioned events may significantly change the results of our operations on which we have based our estimates and forward-looking statements.
Our estimates and forward-looking statements may also be influenced by, among others, legal, political, environmental or other risks that could materially affect the potential development of our projects, including risks related to outbreaks of contagious diseases or health crises impacting overall economic activity regionally or globally, as well as risks relating to ongoing or future investigations by local authorities with respect to our business and operations and the conduct of our customers, including the impact to our financial statements regarding the resolution of any such matters.
Our estimates and forward-looking statements may also be influenced by regulatory changes in the countries where we operate, including new trade restrictions, tariff escalations, and policy shifts affecting cross-border commerce and supply chains. Certain forward-looking statements are based on third-party data, market forecasts, and assumptions that may be subject to change. Nexa does not guarantee the accuracy of such external data and disclaims any obligation to update these statements unless required by law.
These forward-looking statements related to future events or future performance and include current estimates, predictions, forecasts, beliefs and statements as to management's expectations with respect to, but not limited to, the business and operations of the Company and mining production, our growth strategy, the impact of applicable laws and regulations, future zinc and other metal prices, smelting sales, capex, expenses related to exploration and project evaluation, estimation of Mineral Reserves and/or Mineral Resources, mine life and our financial liquidity.
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable and appropriate by management and qualified persons considering their experience are inherently subject to significant uncertainties and contingencies and may prove to be incorrect. Statements concerning future production costs or volumes are based on numerous assumptions of management regarding operating matters and on assumptions that demand for products develops as anticipated, that customers and other counterparties perform their contractual obligations, full integration of mining and smelting operations, that operating and capital plans will not be disrupted by issues such as mechanical failure, unavailability of parts and supplies, labor disturbances, interruption in transportation or utilities, adverse weather conditions, and that there are no material unanticipated variations in metal prices, exchange rates, or the cost of energy, supplies or transportation, among other assumptions.
We assume no obligation to update forward-looking statements except as required under securities laws. Estimates and forward-looking statements refer only to the date when they were made, and we do not undertake any obligation to update or revise any estimate or forward-looking statement due to new information, future events or otherwise, except as required by law. Estimates and forward-looking statements involve risks and uncertainties and do not guarantee future performance, as actual results or developments may be substantially different from the expectations described in the forward-looking statements. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our public disclosures filed under our profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov).
For further information, please contact:
Investor Relations Team
ir@nexaresources.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256998
FAQ
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