Nexa Resources Gradually Resumes Production at Cajamarquilla Facility

Key Facts

In a move reflecting the mining sector's efforts to stabilize supply chains, Nexa Resources SA has begun gradually resuming production operations at its Cajamarquilla facility. According to reports from Reuters, this restart follows a period of operational disruptions that had impacted the refinery's output. The company aims to restore full production capacity through this phased approach to ensure consistent supply to global markets.

The Cajamarquilla refinery is one of the largest zinc smelting facilities in Latin America, and its resumption comes at a critical time for the base metals sector. Compared to regional peers, market data shows relative stability in shares of companies like Southern Copper and Teck Resources, while analysts monitor Nexa's ability to reach peak capacity. Per market data, the return of Peruvian production could help alleviate supply pressures recently observed in the zinc market.

Looking ahead, investors are monitoring macroeconomic data that could influence metal demand, particularly following the US CB Consumer Confidence report which reached 93.1 on May 26, 2026. Markets are also awaiting the US GDP Growth Rate release on May 28, 2026, which will provide clearer insight into the global economic growth trajectory and its subsequent impact on raw material pricing.