Nexa Resources shares are trading lower after the company announced that Votorantim S.A. has entered into a definitive agreement with Boliden AB for the sale of its controlling stake in Nexa.

Nexa Resources Parent Votorantim Agrees To Sell Controlling Stake In NEXA To Boliden; Terms Not Disclosed

Under the terms of the agreement, Votorantim will transfer its Nexa shares to Boliden through a share-for-share exchange, receiving 0.250 newly issued Boliden common shares for each Nexa common share. Upon completion,

Shares of critical metal companies are trading higher, possibly after the U.S. DOE recently selected seven projects to expand critical mineral and material processing, battery manufacturing and recycling capacity. This third round of funding aligns with President Trump's 'Unleashing American Energy' executive order that benefits critical metal and non-fuel mineral producers and processors.

Shares of precious-metals-related companies are trading higher alongside gains in gold and silver prices as Treasury yields and the U.S. dollar decline following the Treasury Department’s announcement that it would double the size of liquidity-support buyback operations for longer-dated bonds.