Business UpdateMay 29, 2026, 04:08 PM
Nexa Resources Resumes Cajamarquilla Operations; 7kt Zinc Impact in 2Q26
AI Summary
Nexa Resources S.A. is gradually resuming operations at its Cajamarquilla smelter in Peru following an incident reported on May 13, 2026. The electrolysis lines are now fully operational, and one casting line has restarted, with the remaining lines expected to be operational by mid-June. The company estimates a temporary production impact of approximately 7kt of refined zinc in 2Q26, representing about 2% of its annual production, which is expected to be recovered in the second half of 2026. Nexa's 2026 sales guidance remains unchanged, and no material financial impact is currently anticipated.
Key Highlights
- Nexa Resources is gradually resuming operations at its Cajamarquilla smelter in Peru.
- Electrolysis lines are fully operational.
- One casting line is back in operation, producing zinc bars.
- The second casting line is expected to restart within days, and the final line by mid-June.
- Estimated 2Q26 refined zinc production impact is approximately 7kt.
- This impact represents about 2% of Nexa's annual production.
- The production loss is expected to be recovered during the second half of 2026.
- Nexa's 2026 sales guidance remains unchanged.
- No material financial impact is currently anticipated from the incident.
Price Impact
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