on Nexa Resources S.A. (NASDAQ:NEXA)
Nexa Resources Completes Sale of Morro Agudo Complex to Casa Verde
Nexa Resources S.A. (NYSE: NEXA) has announced the completion of the sale of its Morro Agudo Complex in Minas Gerais, Brazil, to Casa Verde Holding Ltda. The transaction, initially disclosed on April 5, 2024, was finalized after fulfilling all closing conditions.
As per the final agreement, Nexa transferred all rights, titles, and interests in the Morro Agudo Complex to Casa Verde. Nexa, a significant player in the zinc production industry, continues to operate four mines in Latin America, with a fifth mine, Aripuanã, ramping up in Brazil.
Casa Verde, a Brazilian family-run company with over 50 years in the mining sector, aims to boost national agricultural productivity through this acquisition. The company operates in eight Brazilian states, focusing on mining and agricultural consumables.
R. P.
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