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Mining that changes with the world

We have over 60 years of experience operating and developing mining and smelting assets

Mining that changes with the world

Our purpose is to integrate mining into an ever-changing world as an opportunity for a sustainable development.

Our products serve the global market

We have 8 operations distributed between Brazil and Peru – three of which are refineries and six mines –, including the largest underground zinc mine in Peru (Cerro Lindo) and the largest zinc refinery in the Americas (Cajamarquilla). As a result, we account for 4% of the world’s zinc production and are the only producer of metallic zinc in Latin America, excluding Mexico. We also produce copper, lead, silver and gold as by-products.

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Main numbers

2021

US$2.6 billion

of consolidated net revenue

US$704 million

of adjusted EBITDA

US$508 million

in CAPEX investments

US$58 million

in mineral exploration investments

12,000 people

including employees and third parties

Units, Projects and Offices

Unit

Aripuanã

Located in the state of Mato Grosso, it is a new polymetallic underground mine, whose ramp-up started in July 2022. It is currently the second largest zinc project under construction in the world. Commercial production will start in the last quarter of 2022 and full production is expected to be reached in the second quarter of 2023.

Office

Belo Horizonte

Administrative office located in the district of Coração de Jesus, in the city of Belo Horizonte (MG).

Unit

Juiz de Fora

Zinc smelter located in the state of Minas Gerais. Its operations started in 1980 and it produced around 81.1 thousand tons of metallic zinc in 2021.

Unit

Morro Agudo

Polymetallic underground mine located in the state of Minas Gerais. Its operations started in 1988 and it produced approximately 17.3 thousand tons of zinc and 4.7 thousand tons of lead in 2021.

Office

São Paulo

Corporate center and commercial office for Brazil and Argentina located in the Brooklin district, in the city of São Paulo (SP)

Unit

Três Marias

Zinc smelter located in the state of Minas Gerais. Its operations started in 1969 and it produced around 163.7 thousand tons of metallic zinc and 40.9 thousand tons of zinc oxide in 2021.

Unit

Vazante

Open pit mine and an underground polymetallic mine located in the state of Minas Gerais, considered one of the 30 largest zinc mines in the world. Its operations started in 1969 and it produced approximately 140.5 thousand tons of zinc, 1.6 thousand tons of lead and 500.5 thousand ounces of silver in 2021.

Office

Luxembourg

Commercial office for Europe, Asia and Africa located in Luxembour

Unit

Atacocha

Located in the Pasco region, it comprises an underground polymetallic mine and an open pit. Its operations started in 1938, making it Nexa’s oldest global operation. It produced around 8,500 tons of zinc, 8,700 tons of lead, 1,026,800 ounces of silver and 11,900 ounces of gold in 2021. Since 2020, its underground operations have been suspended, due to efforts to reduce costs and improve operational efficiency.

Unit

Cajamarquilla

Located in the Lurigancho-Chosica district in Lima, it is the largest zinc smelter in Latin America and the fifth largest in the world, according to Wood Mackenzie. Its operations started in 1981, and it produced around 328.1 thousand tons of metallic zinc in 2021.

Unit

Cerro Lindo

Polymetallic underground mine located in the Ica region, with the highest production capacity in Peru and among the 20 largest zinc mines in the world. Its operations started in 2007. Moreover, it produced approximately 102,300 tons of zinc, 29,100 tons of copper, 12,800 tons of lead, 3,813,700 ounces of silver and 4,800 ounces of gold in 2021.

Unit

El Porvenir

Polymetallic underground mine located in the Pasco region. Its operations started in 1949 and it produced approximately 51,400 tons of zinc, 0.5 thousand tons of copper, 17,700 tons of lead, 3,467,200 ounces of silver and 8,700 ounces of gold in 2021.

Project

Florida Canyon

Located in the Amazonas region, it consists of the construction and operation of an underground polymetallic mine to produce zinc and lead, with silver credits. Currently, it is in the mineral exploration phase.

Project

Hilarión

Located in the Ancash region, it consists of the construction and operation of an underground polymetallic mine with deposits of zinc, lead, silver and copper. Currently, it is in the mineral exploration phase.

Office

Lima

The corporate center and commercial office for Latin America located in the Santiago de Surco district of Lima.

Project

Magistral

Located in the Ancash region, it consists of the construction and operation of an open pit copper mine with molybdenum concentrate as a by-product. It is currently in the feasibility study phase.

Project

Pukaqaqa

Located in the Huancavelica region, it consists of the construction and operation of an open pit copper and molybdenum mine, with gold credits. The project is currently waiting the results of pre-feasibility studies.

Project

Shalipayco

Located in the Huancavelica region, it consists of the construction and operation of an open pit copper and molybdenum mine, with gold credits. The project is currently waiting the results of pre-feasibility studies.

Units and Future Projects

Brazil
Unit

Aripuanã

Located in the state of Mato Grosso, it is a new polymetallic underground mine, whose ramp-up started in July 2022. It is currently the second largest zinc project under construction in the world. Commercial production will start in the last quarter of 2022 and full production is expected to be reached in the second quarter of 2023.

Unit

Belo Horizonte

Administrative office located in the district of Coração de Jesus, in the city of Belo Horizonte (MG).

Unit

Juiz de Fora

Zinc smelter located in the state of Minas Gerais. Its operations started in 1980 and it produced around 81.1 thousand tons of metallic zinc in 2021.

Unit

Morro Agudo

Polymetallic underground mine located in the state of Minas Gerais. Its operations started in 1988 and it produced approximately 17.3 thousand tons of zinc and 4.7 thousand tons of lead in 2021.

Unit

São Paulo

Corporate center and commercial office for Brazil and Argentina located in the Brooklin district, in the city of São Paulo (SP)

Unit

Três Marias

Zinc smelter located in the state of Minas Gerais. Its operations started in 1969 and it produced around 163.7 thousand tons of metallic zinc and 40.9 thousand tons of zinc oxide in 2021.

Unit

Vazante

Open pit mine and an underground polymetallic mine located in the state of Minas Gerais, considered one of the 30 largest zinc mines in the world. Its operations started in 1969 and it produced approximately 140.5 thousand tons of zinc, 1.6 thousand tons of lead and 500.5 thousand ounces of silver in 2021.

Luxembourg
Unit

Luxembourg

Commercial office for Europe, Asia and Africa located in Luxembour

Peru
Unit

Atacocha

Located in the Pasco region, it comprises an underground polymetallic mine and an open pit. Its operations started in 1938, making it Nexa’s oldest global operation. It produced around 8,500 tons of zinc, 8,700 tons of lead, 1,026,800 ounces of silver and 11,900 ounces of gold in 2021. Since 2020, its underground operations have been suspended, due to efforts to reduce costs and improve operational efficiency.

Unit

Cajamarquilla

Located in the Lurigancho-Chosica district in Lima, it is the largest zinc smelter in Latin America and the fifth largest in the world, according to Wood Mackenzie. Its operations started in 1981, and it produced around 328.1 thousand tons of metallic zinc in 2021.

Unit

Cerro Lindo

Polymetallic underground mine located in the Ica region, with the highest production capacity in Peru and among the 20 largest zinc mines in the world. Its operations started in 2007. Moreover, it produced approximately 102,300 tons of zinc, 29,100 tons of copper, 12,800 tons of lead, 3,813,700 ounces of silver and 4,800 ounces of gold in 2021.

Unit

El Porvenir

Polymetallic underground mine located in the Pasco region. Its operations started in 1949 and it produced approximately 51,400 tons of zinc, 0.5 thousand tons of copper, 17,700 tons of lead, 3,467,200 ounces of silver and 8,700 ounces of gold in 2021.

Unit

Florida Canyon

Located in the Amazonas region, it consists of the construction and operation of an underground polymetallic mine to produce zinc and lead, with silver credits. Currently, it is in the mineral exploration phase.

Unit

Hilarión

Located in the Ancash region, it consists of the construction and operation of an underground polymetallic mine with deposits of zinc, lead, silver and copper. Currently, it is in the mineral exploration phase.

Unit

Lima

The corporate center and commercial office for Latin America located in the Santiago de Surco district of Lima.

Unit

Magistral

Located in the Ancash region, it consists of the construction and operation of an open pit copper mine with molybdenum concentrate as a by-product. It is currently in the feasibility study phase.

Unit

Pukaqaqa

Located in the Huancavelica region, it consists of the construction and operation of an open pit copper and molybdenum mine, with gold credits. The project is currently waiting the results of pre-feasibility studies.

Unit

Shalipayco

Located in the Huancavelica region, it consists of the construction and operation of an open pit copper and molybdenum mine, with gold credits. The project is currently waiting the results of pre-feasibility studies.

Corporate Governance

We have sound governance standards and a robust structure, allowing us to operate globally in the main business areas, as well as in the markets where we operate.

Board of Directors
Jaime Ardila
Chairman of the Board of Directors
Daniella Dimitrov
Member of the Board of Directors
Diego Hernandez
Member of the Board of Directors
Eduardo Borges de Andrade Filho
Member of the Board of Directors
Edward Ruiz
Member of the Board of Directors
Gianfranco Castagnola
Member of the Board of Directors
Jane Sadowsky
Member of the Board of Directors
João Henrique Batista de Souza Schmidt
Member of the Board of Directors
Luís Ermírio de Moraes
Member of the Board of Directors
Leadership Team
Ignacio Rosado
President and Chief Executive Officer
José Carlos del Valle
Senior Vice President of Finance and Group Chief Financial Officer
Jones Aparecido Belther
Senior Vice President of Mineral Exploration & Business Development
Leonardo Nunes Coelho
Senior Vice President of Mining Operations
Marcio Godoy
Senior Vice President of Technical Services and Projects
Mauro Boletta
Senior Vice President of Smelting Operations and Commercial
Gustavo Cicilini
Vice President of Human Resources and Corporate Affairs
Roberta Varella
Head of Investor Relations
Lucila Ribeiro
Head of Corporate Affairs
Renata Penna
Chief Counsel

History

We are a global mining and smelting company, which originated from the establishment of Companhia Mineira de Metais (CMM) in Brazil in 1956.

Over time, we have grown, reinvented and established ourselves as one of the world’s leading zinc producers.

Check out the main milestones in our history:

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History

2022

Aripuanã ramp-up

Start of production activities in Aripuanã, in the state of Mato Grosso, Brazil. Considered one of the largest zinc projects being implemented in the world, it comprises the installation of an underground polymetallic mine and a mineral processing plant.

2017

Votorantim Metais and Milpo become Nexa

Brazilian Votorantim Metais and Peruvian Milpo become Nexa Resources. In the same year, the company went public on the New York (NYSE) and Toronto (TSX) stock exchanges, with Votorantim S.A. as the majority shareholder.

2016

Increase in equity interest at Milpo

Votorantim Metais expands its equity interest at Milpo, acquiring 80.24% of the shares and focuses its operations on zinc and copper operations in Brazil and Peru.

2014

Votorantim restructuring

A new restructuring of the governance model creates the holding company Votorantim S.A., whose role is currently focused on managing the investment portfolio. Thus, industrial companies – including Votorantim Metais – gain greater autonomy and create their own Boards of Directors.

2010

Milpo’s controlling interest

Votorantim Metais takes the controlling interest of Milpo, currently the third largest zinc mining company in Peru. The Cajamarquilla refinery is doubled, increasing its production capacity from 160,000 to 330,000 tons of zinc per year.

2005

Increase in Peruvian market share

Peruvian zinc market share increases with the acquisition of 24.9% of shares of Milpo, the fourth largest zinc mining company in Peru. The purchase is made through the Cajamarquilla refinery.

2004

Expansion of Latin America

Votorantim Metais starts its expansion in Latin America with the acquisition of the Cajamarquilla zinc refinery in Peru. The new unit has the capacity to produce 160,000 tons of zinc per year.

2003

Expansion in Morro Agudo

The expansion of the Morro Agudo mine raises production to 35,000 tons of zinc per year.

2002

Acquisition of Companhia Paraibuna de Metais

Votorantim Metais expands its share in the Brazilian zinc market with the acquisition of Companhia Paraibuna de Metais, in the city of Juiz de Fora, state of Minas Gerais (Brazil). The company’s metallic zinc production capacity with the new refinery increases from 180,000 tons to 270,000 tons per year.

2001

Três Marias doubles its production

The Três Marias refinery doubles its production from 90,000 to 180,000 tons of metallic zinc per year.

1996

Votorantim Metais’ emergence

Votorantim Metais, responsible for Votorantim’s mining and smelting business, was created after a complete restructuring of the Group’s management model.

1993

Production growth in Três Marias

The production of metallic zinc grows from 10,000 to 90,000 tons per year in Três Marias.

1988

Full control of Mineradora Morro Agudo S.A.

Votorantim takes Morro Agudo Mining over, and they start building the installations for the Zona da Mata Mineira mining.

 

1984

Morro Agudo S.A.

Votorantim becomes a shareholder in the zinc mining company Morro Agudo S.A., located in the state of Minas Gerais (Brazil).

1969

Production of metallic zinc

The Três Marias refinery starts producing metallic zinc. Moreover, open pit mining of zinc ore begins in Vazante.

1956

Establishment of Companhia Mineira de Metais (CMM)

With the establishment of Companhia Mineira de Metais (CMM), surveys on zinc deposits started in Vazante, in the state of Minas Gerais (Brazil), which would supply the first shipment of ore to the recently opened refinery in Três Marias, also in Minas Gerais.

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Corporate policies

Nexa’s policies are defined by the Board of Directors and bring together the Transparency, Equity, Accountability and Corporate Responsibility principles that guide our internal performance and our relationship with stakeholders.

To learn more, please check out our main policies below:

Code of Conduct Money Laundering & Terrorist Financing Prevention Policy ESTMA Policy Antitrust/Competition Policy Anticorruption Policy Compliance Policy Disclosure Policy Insider Trading Policy Dividend Policy