Nexa Resources to begin construction of polymetals project in Brazil

Brazilian polymetallic producer Nexa Resources is expected to begin construction on its Aripuanã project in the state of Mato Grosso, in Brazil’s midwestern region, after the company’s board of directors approved the start-up on Friday October 19.

The site will produce an average of 120,000 tonnes per year of zinc equivalent volumes for 13 years. The company, whose controlling shareholder is Brazilian conglomerate Votorantim, expects to receive $392 million in investments and to start operations by 2021. An installation permit is expected to be issued by the Brazilian government by the...

Published

Renato Rostás

October 22, 2018

21:54 GMT

São Paulo