Nexa Resources (NYSE: NEXA) notes Boliden talks on Votorantim’s stake and possible deal
Rhea-AI Filing Summary
Nexa Resources S.A. reports that it is aware of ongoing negotiations between its controlling shareholder Votorantim S.A. and Boliden AB regarding Votorantim’s interest in Nexa. The company expects to hold discussions with Boliden about a potential transaction that could affect Nexa but stresses there is no certainty any deal will be reached or what terms or timing might apply.
Nexa, a large-scale integrated polymetallic producer focused on zinc, highlights its long history operating mines and smelters in Peru and Brazil. The company states it will not provide further updates on the possible transaction unless additional disclosure becomes appropriate or legally required and includes an extensive cautionary note on forward-looking statements and related risks.
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Insights
Nexa flags potential change in control discussions but with no agreed terms yet.
The disclosure confirms discussions between controlling shareholder Votorantim S.A. and Boliden AB regarding Votorantim’s interest in Nexa, and anticipates direct talks between Nexa and Boliden. This points to the possibility of a strategic transaction affecting corporate control or ownership structure.
The company clearly states there is no assurance any agreement will be reached, nor clarity on terms or timing. That language, along with the decision to limit further commentary, frames this as early-stage and uncertain. Impact on Nexa ultimately depends on whether negotiations result in a binding transaction and what conditions are attached.
The detailed forward-looking statements section underlines numerous operational, commodity price, regulatory, and macro risks that could influence outcomes. Future public disclosures, if a definitive agreement is signed or talks end, would provide more concrete information on structure, consideration and implications for Nexa’s assets in Peru and Brazil.
Key Figures
Key Terms
forward-looking statements regulatory
polymetallic producer financial
social license financial
National Instrument 43-101 regulatory
tailings storage facility technical
capital projects financial
FAQ
What potential transaction involving Nexa Resources (NEXA) is being discussed?
Has Nexa Resources (NEXA) agreed to any deal with Boliden AB?
Will Nexa Resources (NEXA) provide more updates on the Boliden negotiations?
What type of business does Nexa Resources (NEXA) operate?
What risks does Nexa Resources (NEXA) highlight in its forward-looking statements?
How long has Nexa Resources (NEXA) been operating mining and smelting assets?
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the Month of July 2026
Nexa Resources S.A.
(Exact Name as Specified in its Charter)
N/A
(Translation of Registrant’s Name)
37A, Avenue J.F. Kennedy
L-1855, Luxembourg
Grand Duchy of Luxembourg
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
| Form 20-F X | Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
| Yes | No X |
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: July 2, 2026.
| Nexa Resources S.A. | |
| By:/s/ José Carlos del Valle | |
| Name: José Carlos del Valle | |
|
Title: Senior Vice President of Finance and Group Chief Financial Officer
|
EXHIBIT INDEX
| Exhibit | Description of Exhibit |
|
99.1 |
Nexa Resources Statement Regarding Boliden’s Announcement |
NEXA RESOURCES STATEMENT REGARDING BOLIDEN’S ANNOUNCEMENT
Luxembourg, July 2, 2026 – Nexa Resources S.A. (“Nexa Resources”, “Nexa” or the “Company”) (NYSE: “NEXA”), in response to the announcement issued by Boliden AB (“Boliden”) earlier today, confirms that it is aware of ongoing negotiations between Votorantim S.A. (“VSA”) and Boliden regarding VSA’s interest in the Company and expects to be in discussions with Boliden regarding a potential transaction impacting the Company.
While these discussions are ongoing, there can be no certainty or assurances as to whether an agreement for a transaction will be reached or as to the terms or timing of any such transaction.
The Company does not intend to make any additional comments regarding this matter unless and until it is determined that additional disclosure is appropriate or necessary.
About Nexa
Nexa is a large-scale, low-cost, integrated polymetallic producer, with zinc as our main product. We have over 65 years of experience developing and operating mining and smelting assets in Latin America. We currently own and operate five polymetallic mines - four long-life underground (two in the Central Andes region of Peru and two in Brazil, in the states of Minas Gerais and Mato Grosso) and one open-pit mine in the Central Andes region of Peru. We also own and operate three zinc smelters - two in the state of Minas Gerais, Brazil (Três Marias and Juiz de Fora), and one in Lima, Peru (Cajamarquilla), which is the largest zinc smelter in the Americas.
Cautionary Statement on Forward-Looking Statements
This document contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as forward-looking information within the meaning of applicable Canadian securities legislation, including National Instrument 51-102 (collectively, "forward looking statements"). All statements other than statements of historical fact are forward-looking statements. The words “believe,” “will,” “may,” “would,” “could”, “should”, “estimate,” “continues,” “anticipates,” “intends,” “plans,” “expects,” “budget,” “scheduled,” “forecasts”, “targets”, outlook”, “guidance”, “potential”, “project”, and similar expressions are intended to identify forward-looking statements.
Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such statements. These factors include, among others, volatility in zinc, copper, lead, silver and gold prices, by-product credits and treatment charges; exchange rate fluctuations, particularly in the Brazilian real and Peruvian sol against the U.S. dollar; availability and cost of critical inputs, including energy, transportation and labor; operational and health, safety and engineering risks inherent to underground and open-pit mining and zinc smelting, including process safety events, equipment failures and fires at smelting facilities; tailings storage facility integrity and management; community opposition, social license disruptions and blockades affecting access to our operations; labor disputes and relations with our workforce and with local communities; cybersecurity incidents and disruptions to information technology systems; execution risk on capital projects, and the risk that capital projects are not completed within expected timelines or budgets; political, regulatory, fiscal and institutional developments in Peru, Brazil and Luxembourg, and broader geopolitical developments, including trade restrictions, tariff changes and policy shifts affecting cross-border commerce, supply chains and capital markets; permitting, environmental regulation, and changes in mining legislation, taxation or government policies; physical climate risk, including the increasing severity and
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frequency of weather events, and transition risks associated with the global energy transition and decarbonization, including the risk of failing to meet announced sustainability and emissions targets; outbreaks of contagious or infectious diseases, pandemics, or other public health crises; the activities of competitors and global and regional economic conditions; and risks relating to ongoing or future regulatory matters or investigations involving the Company, its operations or customers, and any related impacts on our financial statements. The occurrence of one or more of these factors may materially impact our results of operations and the assumptions underlying our forward-looking statements.
Certain forward-looking statements are based on third-party data and market forecasts, which may not be accurate or current. Nexa does not guarantee such external data and assumes no obligation to update it except as required by law.
Material factors and assumptions on which our forward-looking statements are based include, among others: that demand for our products develops as expected; that customers and counterparties perform their contractual obligations; that operations are not disrupted by mechanical failures, supply constraints, labor disturbances, transportation or utility interruptions or adverse weather; that capital projects are executed within expected timelines and budgets; and that there are no material adverse variations in metal prices, exchange rates, or the cost of energy, supplies or transportation, nor material differences between estimated mineral reserves and mineral resources and actual recovered amounts, beyond those reflected in any specific assumptions disclosed in the materials accompanying this document.
Forward-looking statements speak only as of the date on which they are made, and Nexa undertakes no obligation to update or revise any forward-looking statement, except as required by applicable law.
Further information regarding risks and uncertainties associated with these forward-looking statements, and the assumptions, parameters and methods used to estimate our mineral reserves and mineral resources under National Instruments 43-101, can be found in Nexa’s annual report on Form 20-F and in other public disclosures available on our website and filed with the SEC on EDGAR (www.sec.gov), with the Canadian Securities Administrators on SEDAR+ (www.sedarplus.ca).
For further information, please contact:
Investor Relations Team
ir@nexaresources.com
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