NYSE:NEXAMetals and Mining
Does Nexa Resources’ (NEXA) Near-Full Zinc Reserve Replacement Really Strengthen Its Long-Term Mine Strategy?
Nexa Resources S.A. has released its 2025 year-end mineral reserves and resources update, reporting a 4.4% rise in consolidated reserves to 115.1 million tonnes and extended mine lives at key operations in Peru and Brazil.
A key takeaway is the roughly 92.4% zinc reserve replacement ratio in 2025, showing that new drilling and economic revisions almost kept pace with annual depletion.
Next, we’ll examine how this near-full zinc reserve replacement and longer mine lives may affect Nexa...