Sumitomo Metal Mining to Cut Copper Output 3% in Fiscal 2013

Sumitomo Metal Mining Co. (5713), Japan’s biggest nickel producer and second-largest copper smelter, will cut copper production by 3 percent in fiscal 2013.

The Tokyo-based company forecast refined copper output will fall to 423,000 metric tons in the year started April 1 from the previous year’s estimated output of 436,000 tons, it said in a statement today. The company plans to increase electrolytic nickel production by 30 percent to 53,200 tons, it said.

To contact the reporters on this story: Jae Hur in Tokyo at; Ichiro Suzuki in Tokyo at

To contact the editor responsible for this story: Brett Miller at

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