Nexa Resources (NEXA)

Overall impact
B (66)

Commentary

Nexa Resources is a strong overall performer. With a 'B' rating of 66.0 for overall impact (75th percentile compared to all companies), Nexa Resources ranks 28th out of 173 industry peers, behind Lundin Mining, Avalon Advanced Materials, Arcadium Lithium and 24 others, and ahead of Hudbay Minerals, Teck Resources, China Natural Resources and 142 others. On top material causes for Nexa Resources's industry (Metals & Mining), Nexa Resources performs well in Accountable Institutions (81.3 score), Decent, Safe Work Opportunities (95.6), Improved Mental Health (90.1) and 3 other causes where it received an 'A' score and performs poorly in Sustainable Use of Natural Resources (11.3 score) and Reduced Green House Gas Emissions (21.4).
Impact
Cause NEXA
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Company
Founded
1956
Employees
5,771
Sector
Materials
Industry
Metals & Mining
Sub-industry
Precious Metals & Minerals
SASB industry
Metals & Mining
Headquarters
Luxembourg
Share classes
NEXA
Description
Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces metallic zinc, zamac, and zinc oxide, as well as by-products, such as copper, lead, silver, gold, sulfuric acid, silver concentrate, copper cement and cadmium sticks, cadmium and cobalt cement, sulfur dioxide, copper sulfate, and zinc ash. The company owns and operates four polymetallic mines, including two located in the Central Andes of Peru; one located in the state of Minas Gerais in Brazil; and one located in the state of Mato Grosso in Brazil. It also owns and operates one zinc smelter in Peru Cajamarquillaand; and two zinc smelters in Brazil, which recovers and produces metallic zinc, zinc oxide and several by-products, such as sulfuric acid, silver concentrate, copper cement and copper sulfate. The company also exports its products. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources S.A. is a subsidiary of Votorantim S.A.
Material causes
Ethos considers the following causes material for Nexa Resources, based on its industry sub-industry Precious Metals & Minerals. Learn more about material causes in our methodology overview.

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