Nexa Resources Reports Third Quarter 2026 Financial Results

Nexa Resources reported third-quarter 2026 revenue of $937 million, up 23% year over year, and adjusted EBITDA of $301 million, up 62%. It posted a $47 million net loss, mainly due to a $124 million non-cash impairment of Brazilian smelting assets and a $51 million silver-streaming remeasurement adjustment; net leverage improved to 1.24x from 1.40x in the prior quarter. Nexa raised its 2026 capital expenditure guidance by 10% to $420 million to accelerate development at Aripuanã and the Cerro Pasco Integration Project, while Aripuanã plant utilization reached 90% in September.