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    Matheus Moreira

    Research Analyst at Bradesco BBI

    Matheus Moreira is an Equity Research Analyst at Bradesco BBI, specializing in coverage of Latin American financial institutions and infrastructure companies. He has a strong track record providing investment analysis on key firms such as Energisa, with performance recognized for accurate market forecasts and consistent sector insights. Moreira began his career in the financial industry several years ago, with prior roles that built his expertise before joining Bradesco BBI. He holds professional credentials pertinent to securities research and is known for detailed coverage and valued insights among institutional investors.

    Matheus Moreira's questions to Nexa Resources (NEXA) leadership

    Matheus Moreira's questions to Nexa Resources (NEXA) leadership • Q3 2024

    Question

    Matheus Moreira from Bradesco BBI asked for the company's outlook on zinc supply-demand dynamics, given recent price strength and supply tightness.

    Answer

    CFO Jose Carlos del Valle Castro explained that the zinc market is a supply-driven story with a very tight concentrate market. He noted that 2024 concentrate production is expected to be lower than 2023, which should continue to provide strong support for prices and make a return to the low levels seen in 2023 unlikely.

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