Nexa Resources Sells Pukaqaqa Project to Improve Cash Flow & Returns

Nexa Resources S.A. (NEXA) has completed the previously announced sale of the Pukaqaqa Project located in the Huancavelica region of Peru. This move aligns with NEXA’s ongoing portfolio optimization strategy to improve its free cash flow and returns.Over the past few years, NEXA has been reviewing its assets and optimizing its portfolio per its disciplined capital allocation plan. In 2022, it announced its decision not to move forward with Pukaqaqa following a close assessment of its portfolio. On Sept. 4, ...