Zinc-Linked Stocks Surge as Nexa Jumps 8.22% and Buenaventura Gains 5.43%

Key Facts

Nexa Resources jumped 8.22% to US$13.16 the sharpest single-session move for the Peru-Brazil miner, signalling a swift re-rating of zinc-exposed Latin American equities

Buenaventura advanced 5.43% to US$31.86 extending a rally that has delivered a near-80% gain over the past 12 months for the Peruvian precious and base metals group

Zinc’s main industrial use is galvanising steel and galvanised steel demand depends heavily on construction, infrastructure and automotive output in China, the United States and Brazil

First-quarter 2026 revenue at Nexa reached about US$888 million beating forecasts and growing strongly year on year, while adjusted EBITDA rose sharply to roughly US$283 million