IR Services News

April 30, 2018 – Nexa Resources S.A. (NYSE/TSX:NEXA) ("Nexa" or the "Company") today reported operating and financial results for the first quarter of 2018 ("1Q18") and reinforced its production and capex guidance for fiscal year 2018. We also filed our annual report on Form 20-F for the fiscal year ended December 31, 2017 and published a report with updated information relating to mineral reserves and resources estimates as of December 31, 2017.

Tito Martins, CEO of Nexa: "Our first quarter results benefited from higher metal sales volume and the consistent base metal prices, with average zinc prices surpassing USD3,400/ton in the 1Q18. Our USD 280 million investment program for this year is part of our strategy to reach new levels of production. Our updated mineral reserves and resources report shows a net increase of 8.9 million tonnes in reserves, reinforcing our long-term track record of converting resources into reserves and give Nexa the perspective of solid growth and value creation. The Aripuanã project was granted the preliminary environmental license from the Mato Grosso state environmental authority on April 25th. The license is an important milestone that allow us to move ahead with our plan to start implementation before year-end. We have kept our financial discipline, focusing on the long-term sustainability of the business."  

This NEWS RELEASE dated as OF APRIL 30, 2018 should be read in conjunction with THE EARNINGS RELEASE AND the UNAUDITED CONDENSED consolidated INTERIM financial statements of NEXA and the notes thereto AS AT AND for the three-month PERIOD ended mARCH 31, 2018. This document contains forward-looking statements. Please refer to the cautionary language under the heading "CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS".

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