Nexa Reports 3Q26 Adjusted EBITDA of US$301 Million; Aripuanã Plant Utilization Reaches 90% in September
Newsfile Corp•29/10/2026•16:50 ET
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Key Highlights
- ➤Adjusted EBITDA US$301 million, up 62% year-over-year
- ➤Net revenues US$937 million, up 23% year-over-year
- ➤2026 CapEx guidance raised 10% to US$420 million
- ➤Aripuanã plant utilization reached 90% in September
- ➤S&P cut Nexa ratings to BB+ from BBB-
Expert Statements
Ignacio Rosado, CEO of Nexa
“While the zinc concentrate market remained tight, Nexa's integrated business model allowed us to capture value across the value chain. Higher zinc prices supported mining results, while stronger contributions from by-products sustained our smelting margins.”
Ignacio Rosado, CEO of Nexa
“Safety remains a priority for us: our injury frequency rate improved in the quarter and there were no fatalities. We are preparing our operations for the 2026-2027 El Niño event, which official forecasts indicate could reach strong to very strong intensity. There was no operational impact in the quarter. As part of our preparedness efforts, we built strategic zinc concentrate inventories to support smelter continuity under different scenarios. As we monitor political and macroeconomic developments in our key markets, including trade policy, our priorities remain clear: operating safely, maximizing free cash flow, reducing gross debt, and creating long-term value for our shareholders and the communities where we operate.”
Adjusted EBITDA increased 62% year-over-year on stronger mining and smelting performance; net leverage improved to 1.24x.
Luxembourg, Luxembourg--(Newsfile Corp. - October 29, 2026) - Nexa Resources S.A. (NYSE: NEXA), one of the world's largest zinc producers, reported Adjusted EBITDA of US$301 million for the third quarter of 2026, up 62% year-over-year and 5% quarter-over-quarter. Net revenues totaled US$937 million, up 23% year-over-year and 3% quarter-over-quarter, while net leverage improved to 1.24x from 1.40x in 2Q26.
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