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Nexa Halts Cajamarquilla Zinc Smelter After May 13 Fire, Expects No Material Impact

Story Highlights
  • Nexa suspended Cajamarquilla smelter operations on May 13 after a contained fire injured four but caused no fatalities.
  • Damage is being assessed, yet Nexa currently expects no material operational impact as it coordinates with authorities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nexa Halts Cajamarquilla Zinc Smelter After May 13 Fire, Expects No Material Impact

Meet Samuel – Your Personal Investing Prophet

Nexa Resources SA ( (NEXA) ) has provided an update.

On May 13, 2026, Nexa Resources temporarily suspended operations at its Cajamarquilla zinc smelter in Peru after a fire incident earlier that day, which was contained following the activation of internal emergency teams. Personnel in affected areas were evacuated, and four people – one employee and three contractors – were injured but reported in stable condition, with no fatalities.

The fire damaged parts of the smelter’s infrastructure, but based on current information the company does not expect a material impact on its overall operations. Nexa is coordinating with relevant authorities, assessing the timeline to restart the Cajamarquilla plant, and investigating the cause of the incident, a process that will be closely watched by regulators, local communities and investors given the smelter’s strategic role in the regional zinc supply chain.

The most recent analyst rating on (NEXA) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Nexa Resources SA stock, see the NEXA Stock Forecast page.

Spark’s Take on NEXA Stock

According to Spark, TipRanks’ AI Analyst, NEXA is a Neutral.

The score is driven primarily by improving profitability and constructive earnings-call momentum, tempered by elevated leverage and uneven free cash flow conversion. Valuation is supportive due to a low P/E, while technicals are only moderately positive with mostly neutral momentum readings.

To see Spark’s full report on NEXA stock, click here.

More about Nexa Resources SA

Nexa Resources S.A. is a large-scale, low-cost integrated polymetallic producer focused primarily on zinc, with more than 65 years of mining and smelting operations in Latin America. The company operates five polymetallic mines in Peru and Brazil and three zinc smelters, including the Cajamarquilla facility near Lima, the largest zinc smelter in the Americas.

Average Trading Volume: 1,161,822

Technical Sentiment Signal: Buy

Current Market Cap: $1.83B

See more insights into NEXA stock on TipRanks’ Stock Analysis page.

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