Investor Presentaiton
nexa
Net revenue:
US$ 2.6B
Adjusted EBITDA:
US$704.2M
ESG targets linked to the
variable compensation of
senior management.
Visit the
Nexa website
The low supply of metallic
commodities globally and the
increase in demand during the
year increased the price of
zinc and copper, Nexa's main
products, contributing to the
company's positive results. The
price of zinc rose 28% over
the previous year, reaching
its highest level in the last
14 years. On the other hand,
the industry was also affected
by rising input prices and
logistical constraints.
Despite that, Nexa achieved
a record adjusted EBITDA
of US$704 million and net
revenue of US$2.6 billion in
2021, 75% and 34% higher,
respectively, than 2020. Higher
prices and volumes, as well
as the initiatives of the Jeito
Nexa (Nexa Way) program,
contributed to the positive
results in the year, despite the
operational challenges related
to lower mineral supply and the
increase in input prices.
Jeito Nexa, the company's
program to transform the
organizational culture, promotes
initiatives to improve efficiency
in all areas of the operation.
In 2021, it is estimated that
Jeito Nexa had a positive
impact on adjusted EBITDA
of US$209 million, exceeding
initial expectations.
Another important project
in year was Aripuanã, an
underground polymetallic mine
in the state of Mato Grosso that
will start operating in the third
quarter of 2022. Aripuana is
one of the largest zinc projects
being implemented in the
world, with an investment of
approximately US$625 million
and production estimated at
around 120,000 tonnes of
zinc equivalent per year. This
investment aims to increase
the integration between the
company's existing mines and
smelters. Aripuanã is considered
one of the most sustainable
mining projects in Brazil;
highlighting the dry disposal
of tailings and high eficiency in
water reuse in the production
process.
As part of Nexa's sustainability
agenda, one important step
was the creation of ESG
targets linked to the variable
compensation of company
executives. In the social arena,
Nexa continued to support
the communities where it
operates in their fight against
COVID-19. During the year,
social investments totaled more
than US$7 million to implement
initiatives aligned with the
company's strategic social
axes: economic development,
support for public management,
and initiatives for children and
young adults.
53
=View entire presentation