AT A GLANCE: Nexa Q2 net sales down on lower volumes, metal prices

A summary of Brazilian base metals producer Nexa Resources’ production figures and financial results for the second quarter of 2020, as stated in its earnings report published on Thursday July 30.

In brief

Nexa Resources reported a decline in both mining and smelter output for all products because its Peruvian units were closed in late March due to the national emergency declared by the local government to combat the Covid-19 pandemic. Brazilian plants remained operative, albeit at lower capacity utilization rates to enforce social distancing and prevent Covid-19 from spreading. While operations in Peru were gradually ramping up production, non-essential and corporate personnel continued to...

Published

Renato Rostás

July 31, 2020

14:14 GMT

São Paulo