Nexa Resources SA Reports Record Zinc Production and Strong Earnings in Q3 2025

Nexa Resources SA reported a record Q3 2025 zinc production of 84,000 tons, a 14% increase from the previous quarter. Net revenues reached $764 million, and adjusted EBITDA was $186 million. The Cerro Pasco integration project is progressing well, and the company maintains a strong liquidity position with $790 million. However, workforce turnover at Aripoa remains high, and the smelting segment's financial performance reflects a challenging margin environment. Net leverage remains relatively high at 2.2 times.