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Japan’s Copper Output in H2 up 2.5%

Metal News - Published on Mon, 07 Oct 2019

Image Source: steelguru.com
Japan’s copper output in the second half of the 2019/20 financial year to March 31 is forecast to climb 2.5% from a year earlier, Reuters calculations from plans outlined by smelters showed, despite slower demand in auto and semiconductor sectors. Higher output is planned at top-ranked Pan Pacific Copper, Mitsubishi Materials Corp and Dowa Holdings Co, with Mitsubishi predicting the highest 16% increase.

A company spokeswoman said that Mitsubishi, Japan’s third-biggest copper smelter, expects output at its Naoshima Smelter and Refinery in western Japan to jump 23% while production at Onahama Smelting and Refining, north of Tokyo, is planned to rise 5%. She added that the leap at Naoshima is due to maintenance conducted in the second half of the last financial year, she added.

Dowa also sees its six-month output to be 10% higher than a year earlier thanks to a recovery at Onahama plant, which is jointly owned by Mitsubishi, Dowa and Furukawa Co Ltd.

Source :

Posted By : Rabi Wangkhem on Mon, 07 Oct 2019
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