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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmidst operational challenges in the global mining sector, Nexa Resources has confirmed it will maintain its full-year 2026 zinc production guidance. This announcement follows a fire at the Cajamarquilla refinery that caused a temporary halt in operations; however, the company expects to recover the lost refined zinc output during the second half of 2026, according to reports.
The Cajamarquilla refinery in Peru is among the world's largest zinc processing facilities, with an annual capacity of approximately 320,000 tonnes of refined zinc per historical company data. Analysts are monitoring Nexa's ability to manage this disruption as global base metal markets face supply volatility, particularly following a 0.2% contraction in Brazil's industrial production in May per market data.
Looking ahead, investors are focused on the company's operational execution to meet its recovery schedule in H2 2026. While real-time price data for NEXA is currently unavailable, market participants are tracking global manufacturing health, including the U.S. ISM Services PMI which recently printed at 54, as a proxy for future industrial metal demand.