Nexa Resources (NEXA) Sells Morro Agudo Complex to Casa Verde

Nexa Resources S.A. (NEXA) stated that it has closed the previously announced sale of the Morro Agudo Complex in Brazil's Minas Gerais state to Casa Verde Holding Ltda. The deal marks a step forward in the company's portfolio optimization journey. On Apr 5, 2024, Nexa announced that it inked a deal to divest its Morro Agudo Complex. The Morro Agudo Complex consists of the Morro Agudo mine and the Ambrósia mine. The Morro Agudo mine produced 23kt of zinc and 8.3kt of lead in 2023 at a sustaining cash cost of ...