Key Facts
Nexa Resources rose 5.06 per cent closing at US$13.50 as the Brazil- and Peru-based miner led a rally in Latin American zinc proxies.
Buenaventura shares surged 5.87 per cent to US$32.26, driven by its polymetallic zinc output from Peru’s Uchucchacua and Colquijirca mines.
Peru is a top-five global zinc producer where concentrate supply faces recurring disruption from community conflicts and environmental permitting delays in the central Andes.
Around half of global refined zinc is used to galvanize steel meaning construction beams, roofing and infrastructure orders directly drive demand for the metal’s producers.
