Nexa Resources SA released its financial results for the second quarter of 2025, reporting an adjusted EBITDA of $161 million, reflecting a 28% increase compared to the first quarter of 2025 and a 22% decrease compared to the second quarter of 2024. The company's adjusted EBITDA margin stands at 23%, up from 20% in the first quarter of 2025. Zinc sales from smelting operations totaled 145 kt, marking a 12% increase from the first quarter of 2025 but a 2% decrease from the same quarter the previous year. The net leverage ratio was reported at 2.3x, slightly higher than the 2.1x recorded in the first quarter of 2025 but an improvement from the 2.7x in the second quarter of 2024. Free cash flow was $17 million in the second quarter of 2025, a turnaround from a negative $226 million in the first quarter of 2025, but a decline from $149 million in the second quarter of 2024. Capital expenditures for the first half of 2025 amounted to $137 million, mainly directed towards sustaining investments, including mine development, maintenance, and tailings storage facilities. The Cerro Pasco Integration Project Phase I remains on track with a capital expenditure of $18 million reported for the first half of 2025. Nexa Resources maintains its 2025 guidance unchanged, with continued investments in mineral exploration and project evaluation aligning with the annual plan. The company also reported an average debt maturity of 7.7 years with an average cost of 6.30%.