Nexa Resources to open world’s second largest zinc mine in 2021

By: Cecilia Jamasmie

Brazil’s Nexa Resources (TSX, NYSE: NEXA) expects to begin commercial production at its recently acquired Aripuanã zinc project, in the country’s Mato Grosso state, by 2021, as the company seeks to maximize benefits of current market conditions for the base metal.

The company, led by former Vale Canada’s chief Tito Martins, consolidated ownership of the low-cost underground zinc polymetallic mine project in August this year, through the acquisition of Canadian junior Karmin Explorations.

Moving forward construction of Aripuanã is part of Nexa’s ongoing efforts to grow and expand its presence on the global zinc and copper markets.

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