Boliden’s Nexa Deal Highlights Challenges for Expanding European Mine Production
Boliden’s planned acquisition of Nexa Resources would significantly increase the Swedish miner’s exposure to zinc, copper and silver while expanding its operating footprint into Latin America. The transaction involves Boliden acquiring Votorantim’s controlling stake in Nexa through a share-based deal. Following completion, Boliden would hold 64.68% of Nexa, while Votorantim…