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Nexa Resources receives operating license for Aripuanã polymetallic project in Brazil

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(Kitco News) - Nexa Resources (NYSE and TSX Symbol: NEXA) announced yesterday that the operating license for the Aripuanã greenfield project was granted by the Environmental Secretariat of the state of Mato Grosso, Brazil, on October 07, 2021.

According to the company’s statement, Aripuanã is a world-class underground polymetallic mine containing zinc, lead and copper, and concentrate processing facility located in the state of Mato Grosso, Brazil.

Mechanical completion is expected in Q4 2021 and commercial production is scheduled to start in 2022, the company said.

Nexa is an integrated zinc producer with over 60 years of experience developing and operating mining and smelting assets in Latin America. Nexa currently owns and operates five long-life underground mines - three located in the Central Andes of Peru and two located in the state of Minas Gerais in Brazil - and is developing the Aripuanã project as its sixth underground mine in Mato Grosso, Brazil.

Nexa also currently owns and operates three smelters, two located in Brazil and one in Peru, Cajamarquilla, which is the largest smelter in the Americas. Nexa was among the top five producers of mined zinc globally in 2020 and also one of the top five metallic zinc producers worldwide in 2020, according to Wood Mackenzie.

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