Zinc Slips and Latin American Miners Nexa and Buenaventura Follow
Zinc eased on Tuesday, August 18, 2026, as tight LME stocks met softer risk appetite. Nexa Resources and Buenaventura shares fell in New York. The post Zinc Slips and Latin American Miners Nexa and Buenaventura Follow appeared first on The Rio Times .
On Tuesday, August 18, 2026, zinc prices slipped with the cash settlement near US$3,795 per tonne, as alternative feeds pointed to a 1.7% drop to approximately US$3,696 per tonne. Latin American mineral companies that track zinc experienced a significant decline, with Nexa Resources falling 6.19% to US$13.49 and Buenaventura losing 2.24% to US$33.20.
LME zinc inventories decreased by 300 tonnes to 86,525 tonnes, highlighting the vulnerability of the market to sudden price movements. The primary driver of the decline was rising US Treasury yields and a softer risk tone across financial markets.
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