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Nexa Resources|Votorantim|Critical Minerals|Mining|Boliden|Mikael Staffas
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nexa-resources|votorantim|critical-minerals|mining|boliden|mikael-staffas

Boliden to buy Votorantim's 64.7% stake in Nexa Resources

Nexa Resources zinc production

Nexa Resources zinc production

27th August 2026

By: Reuters

  

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Swedish miner Boliden said on Thursday it had agreed to acquire all of Brazilian group Votorantim's shares in zinc and silver producer Nexa Resources, giving it a 64.68% stake, and will bid for the rest of the company.

Under the deal, Votorantim will receive newly issued Boliden shares for its Nexa shares.

The transaction will leave Boliden with 64.68% of Nexa and give Votorantim about 7% of Boliden.

Boliden CEO Mikael Staffas said in a statement the deal would strengthen Boliden's base metals business and boost silver output.

Following closing, Boliden has agreed with Nexa to launch a voluntary cash tender offer to purchase any Nexa shares not acquired through the transaction.

Edited by Reuters

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