Boliden to Buy Controlling Stake in Nexa in $1.3 Billion Deal

Swedish mining company Boliden AB agreed to acquire Votorantim SA's stake in Nexa Resources SA for $1.3 billion, giving Boliden a controlling interest in the zinc and silver producer. The transaction expands Boliden's operations into Brazil and Peru, where Nexa operates mines. Boliden announced the deal through official channels, with the acquisition subject to customary closing conditions and regulatory approvals.

Next story