Zinc Jumps 3.5% as Peru, Brazil Miners Slide

Key Facts

Zinc rallied hard Reference spot indications tracked London Metal Exchange benchmarks around US$4,036 per metric ton, an intraday move of roughly +3.5%.

Nexa Resources sank The Peru and Brazil zinc producer closed at US$13.14, down 7.79% in Thursday’s session.

Buenaventura fell too The Peruvian miner ended at US$33.85, a daily decline of 4.35% despite firmer zinc prices.

Supply constraints linger Nexa has flagged persistent supply constraints, and its Cajamarquilla smelter in Peru, the largest in the Americas, remains temporarily suspended after a fire.