Nexa Resources SA Chief Executive Tito Martins says the Brazilian mining company will probably decide this year to open a sales office in Asia to tap the markets in China and neighbouring countries, Reuters reports.

The news agency quotes Mr Martins as saying in an interview that Nexa sees opportunities to export more zinc and copper to China, which is reducing its own production to curb air pollution.

The report says capital spending by Nexa next year is likely to be about US$200 million, about the same as last year.

The company raised US$496 million last month in an initial public offering of shares listed at the New York and Toronto stock markets, Reuters says.

 

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