Sumitomo Metal Mining Says Won’t Buy Copper Ore From BHP in 2012

Sumitomo Metal Mining Co. (5713), Japan’s second-largest copper producer, will not purchase concentrate from BHP Billiton Ltd. (BHP) this year under an annual contract after failing to reach an agreement on processing fees, company spokesman Masashi Takahashi said today by phone. He declined to disclose the tonnage under discussion.

A call to Kelly Quirke, a Melbourne-based spokeswoman for BHP, was not answered.

To contact the reporter on this story: Jae Hur in Tokyo at jhur1@bloomberg.net

To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net

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