Boliden in talks to buy Votorantim’s controlling stake in Nexa
2026-07-03
Boliden is in advanced discussions to acquire a controlling stake in Nexa Resources from Brazilian conglomerate Votorantim, a move that could significantly reshape the global zinc and base metals landscape. This potential transaction, valued by Votorantim at approximately 7 billion reais ($1.4 billion), would substantially broaden Boliden's operational footprint and diversify its base metals exposure across Latin America, cementing its position as a leading global producer. Both companies confirmed the confidential talks, though cautioned that a deal's certainty remains unassured, sparking considerable interest among investors and industry analysts.
