Nexa Resources seeks Israeli innovation

Brazilian zinc producer Nexa Resources plans to partner with IBI-Tech, an Israeli fund investing in early-stage innovative startups, on new mining technologies.
Nexa Resources seeks Israeli innovation Nexa Resources seeks Israeli innovation Nexa Resources seeks Israeli innovation Nexa Resources seeks Israeli innovation Nexa Resources seeks Israeli innovation

Israel is a benchmark in innovation, says Nexa

Nexa said the purpose of the partnership is to source Israeli technologies that can help meet challenges faced by its operations in Brazil and Peru.

"Israel is a benchmark in innovation and has built one of the most important hubs in the world by investing in technology and generating new businesses. With this partnership, we will identify solutions that help us build the mining industry of the future, based on ESG aspects," said Tito Martins, CEO of Nexa Resources.

The company cites successes such as its partnership with the Brazilian company ZEG, which has created a solution that transforms solid waste into steam.

ZEG's solution has replaced up to 65% of the volume of natural gas used in Nexa's zinc smelter plant in Juiz de Fora (MG).

Another initiative in Nexa's underground operations is the Canadian RockMass project, which has developed hardware with a system for surveying and processing more reliable geotechnical data on the inclination and orientation of pre-existing faults in rocks.