Nexa Resources Sells Pukaqaqa Project to Improve Cash Flow & Returns
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Nexa Resources has completed the sale of its Pukaqaqa greenfield project as part of its strategy to optimize its portfolio and improve cash flow and returns.
November 27, 2024 | 4:15 pm
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Nexa Resources has sold its Pukaqaqa project to improve cash flow and returns, aligning with its strategy to optimize its portfolio.
The sale of the Pukaqaqa project is a strategic move by Nexa Resources to enhance its financial position by improving cash flow and returns. This aligns with its ongoing efforts to optimize its portfolio, which is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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