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Mitsubishi plans H2 copper output up by 18pct YoY
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Wednesday, 05 Oct 2011
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Reuters reported that Mitsubishi Materials Corporation of Japan plans to produce 170,262 tonnes of copper in the October and March H2 of this financial year up 18% from a year earlier. It would also be 33% more than the H1 output.

Mitsubishi's mainstay Onahama plant was the worst hit among Japan's copper smelters by the March 11 earthquake and tsunami. The plant, in Fukushima Prefecture, part owned by Dowa Mining Co and Furukawa Company resumed operations on July 1. It plans 20 day halt for regular maintenance from mid October.

Sumitomo Metal Industries said that its H2 copper output plan remains at 199,000 tonnes, unchanged from what it announced 6 months ago down 2.4% from the same period last financial year.

(Sourced from Reuters)

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