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Nexa Resources - NEXA STOCK NEWS

Welcome to our dedicated page for Nexa Resources news (Ticker: NEXA), a resource for investors and traders seeking the latest updates and insights on Nexa Resources stock.

Nexa Resources (NEXA) maintains its position as a leading integrated zinc producer through strategic mining operations and advanced smelting capabilities across Latin America. This news hub provides stakeholders with essential updates on operational milestones, financial performance, and industry developments.

Access real-time announcements including quarterly earnings reports, production statistics, leadership changes, and sustainability initiatives. Our curated collection features press releases on mine expansions, smelting efficiency improvements, and market positioning strategies that impact NEXA's global operations.

Key updates cover resource exploration progress, byproduct metal recovery rates, and operational optimizations across Brazilian and Peruvian facilities. Investors will find detailed analyses of cost management initiatives and capital allocation decisions that drive NEXA's low-cost production model.

Bookmark this page for verified updates on environmental compliance achievements, community engagement programs, and technological advancements in zinc processing. Stay informed about NEXA's strategic partnerships and competitive positioning within the non-ferrous metals sector through our comprehensive news coverage.

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Nexa Resources reported strong financial results for 2Q24, with Adjusted EBITDA reaching US$ 200 million, up 64% quarter-over-quarter and 180% year-over-year. Net revenues increased to US$ 736 million, driven by higher LME metal prices and increased sales volumes. The company achieved free cash flow of US$ 149 million, partly due to the issuance of an ESG-Linked debenture. Operationally, zinc production totaled 83,000 tons, up 2% year-over-year, while copper production reached 10,000 tons, up 13% from 2Q23. Nexa continues to focus on operational efficiency, portfolio optimization, and ESG initiatives, including safety improvements and community support programs.

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Nexa Resources has released its exploration results for the second quarter of 2024. The company, which focuses on zinc mining and production, has been conducting drilling activities across its various projects. While specific details are not provided in this summary, the release of exploration results is typically a significant event for mining companies as it can indicate the potential for future resource expansion and production growth.

Investors and analysts often closely scrutinize these results to assess the company's prospects for mineral reserves and future production capacity. The exploration activities are important for Nexa's long-term strategy in maintaining and potentially increasing its position in the zinc market. The full report likely contains detailed information on drill hole locations, mineral grades, and potential resource estimates, which are essential for evaluating the company's exploration success and future mining potential.

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Nexa Resources has announced the completion of the sale of its Morro Agudo Complex in Minas Gerais, Brazil, to Casa Verde Holding. This transaction was initially announced on April 5, 2024. With this completion, Nexa has transferred all rights, titles, and interests in the Morro Agudo Complex to Casa Verde. The closing conditions for the transaction have been fulfilled, marking the finalization of this significant divestment for Nexa.

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Nexa Resources S.A. (NYSE:NEXA) held its Annual General Meeting (AGM) on June 13, 2024, with 77.65% of outstanding shares voted. All proposed resolutions were approved, including the election of board members Jaime Ardila, Gianfranco Castagnola, Daniella Elena Dimitrov, Luis Ermírio de Moraes, Hilmar Rode, Edward Ruiz, Jane Sadowsky, João Henrique Batista de Souza Schmidt, and new member Paulo Macedo. PricewaterhouseCoopers LLP was appointed as the statutory auditor with 91.45% approval. The 2023 annual accounts and consolidated financial statements were also approved. Two board members, Diego Hernandez and Eduardo Borges de Andrade Filho, ended their terms.

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Nexa Resources S.A. reports Q1 2024 results with a net loss of US$11 million and adjusted EBITDA of US$123 million. Despite fatalities at mines, the company focuses on safety, operational progress, divestiture of Morro Agudo Complex, and maintaining production guidance. Zinc production and sales data, financial performance, ESG initiatives, and growth strategies are highlighted.

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Nexa Resources, listed on NYSE as NEXA, has released its 2023 Sustainability Report, showcasing its dedication to corporate sustainability and social responsibility. The report follows the standards set by IIRC, GRI, SASB, and TCFD, highlighting the company's initiatives and achievements in various areas.
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Nexa Resources announces early tender expiration and results of its offer to purchase a portion of its notes due in 2028. The company offered to purchase its 2027 and 2028 notes for cash, with a prorated acceptance of the 2028 notes due to oversubscription. The total consideration for the 2028 notes is $1,020 per $1,000 principal amount tendered.
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Nexa Resources S.A. announces the results of its 2027 Tender Offer for its 5.375% senior unsecured guaranteed notes due 2027. Approximately 69.2% of the principal amount outstanding of the notes was tendered, totaling US$484,104,000. The offer consideration is US$1,000.00 per US$1,000.00 principal amount of notes tendered. The settlement date is April 10, 2024.
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Nexa Resources S.A. announces the pricing of US$600 million 6.750% senior unsecured notes due 2034 to fund a cash tender offer for existing notes due 2027 and 2028. The offering is aimed at qualified institutional buyers and non-U.S. persons, closing on April 9, 2024.
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Nexa Resources S.A. plans to offer new senior unsecured notes guaranteed by Nexa Resources Cajamarquilla S.A. and Nexa Recursos Minerais S.A. The proceeds will fund a cash tender offer for existing notes due 2027 and 2028, with the remainder for general corporate purposes. The notes are unsecured obligations and fully guaranteed by the Guarantors.
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Nexa Resources

NYSE:NEXA

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803.90M
44.40M
66.47%
25.37%
0.03%
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