The Morro Agudo project comprises the Morro Agudo Mine, and three deposits, Ambrosia Sul, Ambrosia Norte, and Bonsucesso. The Ambrósia mine reached the end of its life of mine during the fourth quarter of 2020.
On March 19, 2024, Nexa announced the suspension of its mining operations in the Morro Agudo Complex effective May 1, 2024 until further notice. Between March 19 and April 30, 2024, mining activities will be reduced while limestone production activities will continue at full capacity.
On April 5, 2024, Nexa Resources S.A. announced the signing of a definitive agreement to divest its Morro Agudo Complex. The Bonsucesso project will remain in the Nexa’s portfolio of greenfield projects.
Casa Verde, the new owner, intends to convert the Morro Agudo Complex into a limestone production complex. |