NEXA
Published on 05/06/2026 at 07:24 pm EDT
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. Nexa currently owns and operates five polymetallic mines - four long-life underground (two in the Central Andes region of Peru and two in Brazil, in the state of Minas
Cerro Pasco Complex
Cajamarquilla
Houston
(Sales office)
Peru
Luxembourg (Corporate HQ & Sales office)
Brazil
Aripuanã
Gerais and Mato Grosso, and one open-pit in Peru. Nexa also owns and operates three smelters: two in Minas Gerais, Brazil (Três Marias and Juiz de Fora), and one in Lima, Peru (Cajamarquilla), which is the largest smelter in the Americas.
Lima
(Corporate & Sales office) Cerro Lindo
Polymetallic mine Zinc Smelter
Vazante Três Marias
Juiz de Fora
São Paulo
(Corporate & Sales office)
Aripuanã
Fourth tailings filter on track: unlock full production to strengthen cash generation
LoM1 = 15y (reserves)²; 25y+ (resources)³
Cerro Pasco Integration
Project
Well-known, high potential mineral district
Attractive return: >15y4 LoM & NSR uplift5
Mineral Exploration
Cerro Pasco, Cerro Lindo & Vazante: continued success in extending LoM and strengthening our
value-added zinc integration
Growth
Actively looking for accretive value-generating opportunities in mining-friendly jurisdictions
Financial and operational discipline
Strengthening balance sheet
Active ESG strategy
Prioritizing sustainable cash flow generation supported by operational discipline
Deleveraging strategy ongoing to boost financial flexibility. Balanced capital allocation, including shareholder return
Tracking progress on public commitments, advancing our journey toward more sustainable mining.
EPS (US$)
0.67
Zinc Production (kt)
Metal Sales (kt)
130 142 147
0.09
0.38
67 91 79
1Q25 4Q25 1Q26
1Q25 4Q25 1Q26
1Q25 4Q25 1Q26
Adjusted EBITDA (US$ MM)
94
By-products Sales | Smelting
Mining
266
231
135 160 153
Sulfuric Acid (kt)
425 461 428
Silver Content (koz)
1Q25
2.3
1.2
1.7
Copper Cement (kt)
31
Smelting 34
51
Consolidated
125
300
283
(1) LoM = Life of Mine; (2) LoM based on current Mineral Reserves and Mineral Resources inventory as of Dec. 31, 2025, considering the updated LoM plan; (3) Considering 15 yrs of Mineral Reserves + 50% of the inferred Mineral. Resources as of Dec. 31, 2025; (4) LoM considering part of the mineral resources; (5) Avg. NSR of the LoM (~5-10% higher), considering project implemented. Based on internal calculations. Subject to changes depending on market conditions.
Investments (US$ MM)
72 MM
5 375
16 MM
381
Expansion
Non-Expansion
1Q26 CAPEX
1Q26 Expl. and Proj.
Evaluation 2026 CAPEX Guidance
RCF
Total Cash
716
141
16 9 7
530
8
8
500
600
608
Net Debt/LTM Adj.
EBITDA
1.7x 1.6x
1,303 1,481
182
103
51
108
111
396
320
Cash 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 &
Onwards
4Q25 1Q26
21
(81)
(25)
(126)
(72)
283
(122)
6
(283)
308
25
Adjusted EBITDA
Other non-operational (1)
Operating cash flow before working capital
Working capital & Other variations (2)
Capex
Interest paid and Taxes
FX (3) Cash before
Loans, Debt Repayment and Dividends
Loans and Debt Repayment (Net)
Dividends paid/received (Net) (4)
FCF
(1) Adjustments to reconcile Adjusted EBITDA to cash provided by operations; (2) Breakdown available in the Financial Statements "Consolidated statement of cash flows"; (3) Foreign exchange effects on cash and cash equivalents; and (4) Dividends paid to non-controlling interests (Pollarix and Nexa Peru) and Dividends received in cash from associates.
Share Price (US$/share)
14
12
10
8
6
4
2
0
10.59
16
14.66
Nexa's Bonds
Bond Price Value1
Coupon
Outstanding2
(US$ mm)
Jan/25 Mar/26
2028 101.76 6.500% 111
2034 106.26 6.750% 600
2037 105.10 6.600% 500
US$ 2.9 Billion
Enterprise Value
757k Shares
Avg. 3M Volume
34.5%
Free Float
US$ 4.66 - 14.66
52 Week Range
132.4 Million Total Shares Outstanding
Source: Bloomberg. (1) 30-day Average Comprising the period of March 2, 2026 to March 31, 2026; (2) Considering 1Q26 figures.
Avg.
Disclaimer
Nexa Resources SA published this content on May 06, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 06, 2026 at 23:02 UTC.