{
  "id": 15088974,
  "title": "Nexa Gains 0.32% to US$12.52 as Buenaventura Falls 2.3% | Zinc, Oct 16",
  "url": "https://urgent.news/2026/10/17/nexa-gains-0-32-to-us-12-52-as-buenaventura-falls-2-3-zinc-oct-16",
  "topic": "world",
  "section": "World",
  "published": "2026-10-17T00:49:53.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/zinc-markets-latam-friday-october-16-2026/"
  },
  "original_language": "en",
  "account": "On Friday, October 16, zinc-linked shares experienced mixed performance. Nexa Resources saw a gain of 0.32%, closing at US$12.52 in New York, while Buenaventura declined by 2.34% to US$30.42, and Teck Resources dropped 1.70% to US$64.62. The lack of consensus on the London Metal Exchange (LME) zinc price prevented confirmation of a settlement, leaving the direction of the shares unconfirmed. Wall Street's technology selloff, with the Nasdaq down 2.14%, negatively impacted industrial metals prices. Zinc is primarily used for galvanizing steel, and its price is influenced by construction and manufacturing demand. Peru and Brazil, both significant zinc exporters, see their metals market as relatively small but crucial for their economies. The mixed share performance suggests weak signals, with the Brazilian zinc producer outperforming and the Peruvian miner underperforming.",
  "summary": "Brazil’s Nexa rose 0.32% to US$12.52 on Friday 16 October while Peru’s Buenaventura fell 2.34%, as zinc quotes differed by source. The post Nexa Gains 0.32% to US$12.52 as Buenaventura Falls 2.3% | Zinc, Oct 16 appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}