Business
Nexa Reports 1Q26 Net Income of US$118 Million; Aripuana Sets New Quarterly Zinc Production Record
Adj. EBITDA more than doubles year-over-year on higher metal prices and stronger smelting volumes; Cerro Lindo silver streaming step-down takes effect, with Nexa retaining a larger share of silver production from 2Q26.Luxembourg, Luxembourg--(Newsfile Corp. - May 6, 2026) - Nexa Resources S.A. (NYSE: NEXA), one of the world's largest zinc producers, today reported net income for the first quarter of 2026 of US$118 million, compared to US$29 million in 1Q25 and US$81 million in 4Q25. Adjusted...
About this update from Nexa Resources S.a.
[{"type":"text","content":"Adj. EBITDA more than doubles year-over-year on higher metal prices and stronger smelting volumes; Cerro Lindo silver streaming step-down takes effect, with Nexa retaining a larger share of silver production from 2Q26.","length":218,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Luxembourg, Luxembourg--(Newsfile Corp. - May 6, 2026) - Nexa Resources S.A. (NYSE: NEXA), one of the world's largest zinc producers, today reported net income for the first quarter of 2026 of US$118 million, compared to US$29 million in 1Q25 and US$81 million in 4Q25. Adjusted EBITDA reached US$283 million, up 126% year-over-year, while net revenues totaled US$888 million, up 42% year-over-year.","length":403,"tagName":"p"},{"type":"text","content":"The year-over-year improvement was primarily driven by sharply higher metal prices, particularly silver, with the LBMA reference price averaging 164% above 1Q25, together with higher smelting sales volumes and continued operational improvements at the Brazilian smelters.","length":271,"tagName":"p"},{"type":"text","content":"Sequentially, performance was mixed: stronger smelting volumes, higher zinc and silver prices, and a record quarter at Aripuanã offset lower mining output at the Cerro Pasco Complex and Cerro Lindo, where heavy rainfall, a community blockade at Atacocha, and an unplanned hoisting outage at El Porvenir constrained production. Those disruptions have since been resolved and the affected operations have returned to normal run rates.","length":432,"tagName":"p"},{"type":"text","content":""Higher silver prices and stronger smelting throughput drove most of the year-over-year EBITDA improvement, amplified by the operational leverage of our integrated mine-smelter model. Aripuanã set another quarterly zinc production record, and our Brazilian smelters continued to recover (Juiz de Fora produced 56% more zinc than in 1Q25 and Três Marias produced 17% more). With the Cerro Lindo silver streaming step-down now in effect, commissioning of the Aripuanã fourth tailings filter underway, and the first-quarter constraints at our Peruvian operations resolved, Nexa is positioned to deliver on its full-year objectives," said Ignacio Rosado, CEO.","length":665,"tagName":"p"},{"type":"text","content":"Operational Highlights","length":22,"tagName":"p"},...