We are large-scale, low-cost integrated zinc producer with over 60 years of experience developing and operating mining and smelting assets in Latin America. We are part of the conglomerate of investees of Votorantim S.A., our main shareholder (64.7%). Nexa Resources S.A. was incorporated almost four years ago, as a result of the integration between Brazilian and Peruvian operations. Since then, we have taken mining into people’s lives. Our zinc is used in agricultural plantations, aircraft manufacturing, while copper is an integral part in the manufacturing of cars and cell phones, among many other applications. GRI 102-1
Since October 2017, our shares have been traded on the New York (United States) and Toronto (Canada) stock exchanges. Furthermore, the shares of the subsidiary Nexa Peru are traded on the Lima stock exchange, in Peru. We have a head office located in Luxembourg and administrative headquarters in the cities of São Paulo (Brazil) and Lima (Peru). Our commercial offices are located in Brazil, Peru, the United States and Luxembourg. GRI 102-3, 102-5, 102-10
We produced 313 thousand tonnes of zinc in 2020. Two of our mines, Cerro Lindo (Peru) and Vazante (Brazil), are among the 15 largest zinc mines in the world and, coupled with other mining operations, place us among the 5 largest zinc producers in the world, according to Wood Mackenzie. GRI 102-7
We have three zinc smelters in our production chain: one in Peru (Cajamarquilla) and two in Brazil (Três Marias and Juiz de Fora), which produce metallic zinc, zinc oxide and byproducts. Cajamarquilla is the only zinc smelter operation in Peru and is among the seven largest in the world by volume produced, according to the 2020 Wood Mackenzie study. During the year, our smelters sold 585.4 thousand tonnes, 550.7 thousand of metallic zinc and 34.7 thousand of zinc oxide, sold to clients in different industrial segments worldwide, such as automotive, civil construction, food, agriculture, beauty and hygiene, pharmaceutical, among others. GRI 102-4, 102-6, 102-7
The integration between our mines and smelters is above to 50% and tends to increase with the start-up of operations of Aripuanã, being one of our differentials. In Brazil, the zinc concentrates produced in the Vazante and Morro Agudo mines are transformed into metallic products at Três Marias unit. Moreover, the Juiz de Fora plant, in addition to concentrates, uses recyclable materials (such as scrap and electric steelmaking powder) for the production of zinc. In Peru, most of the zinc concentrates produced in the Cerro Lindo, El Porvenir and Atacocha mines is processed at the Cajamarquilla unit.
Our net revenue in 2020 reached around US$ 2 billion and adjusted EBITDA totaled US$ 403 million, with a margin of 20.7%. At the end of the year, we had 5,349 own employees¹ and 7,136 permanent independent contractors. Moreover, we have over 5,088 temporary independent contractors, mainly dedicated to the construction of the Aripuanã Project. GRI 102-7, 102-8