Nexa Resources S.A. reported an adjusted EBITDA of US$286 million for the second quarter of 2026, marking a 78% increase over the same period last year. The company recorded net income of US$98 million for the three months ending June 30, 2026, while net revenues rose 28% to US$908 million. Shares of the company closed at US$14.05 on August 5, 2026, up 4.07% on the day.

Operational performance in the second quarter was supported by a recovery at Peruvian assets, where treated ore volumes increased 11% sequentially. Nexa reached two key technical milestones during the period: the commissioning of a fourth tailings filter at its Aripuanã operation, which ended June at 86% average capacity utilization, and the startup of block caving operations at Cerro Lindo. This block caving implementation, the first for the company, reached regular operation in July.

Under the silver streaming agreement for Cerro Lindo, the streamed share of production reduced from 65% to 25% effective in May, a change expected to support future cash generation. Regarding the Cerro Pasco Integration Project, Nexa increased the total estimated capital expenditure to US$180 million from US$138 million to incorporate revised waste storage design and geomembrane lining. While the company maintains its 2026 corporate production and cost guidance, the completion of the tailings pumping system for this project is now scheduled for 1Q27, with pumping operations targeted for early 3Q27. Regulatory approvals for environmental studies at the El Porvenir and Atacocha sites are also expected in 1Q27.

“The zinc concentrate market remains tight, with spot TCs in China deep in negative territory. The same conditions that pressure merchant smelters support our mining segment, and our own feed and by-product credits cushion the rest. Our mines supplied 54% of smelter feed in the quarter. This is the value of an integrated portfolio through the cycle.”

“Our responsibility is unchanged: to operate our assets in Brazil and Peru to the highest standards, prioritizing safety, operational excellence, sustainability, innovation, and responsible production while ensuring long-term value is preserved for our shareholders. That is what our results for this quarter reflect, and it is what we will continue to strive for in the second half of the year.”

— Ignacio Rosado, CEO

Read the full announcement: Nexa Reports 2Q26 Net Income of US$98 Million and Adjusted EBITDA of US$286 Million