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Mitsubishi Materials to Raise Second-Half Copper Output
Mitsubishi Materials Corp., (5711) Japan’s third-largest copper producer, said it will increase output by 1.6 percent at its Japanese smelters in the October-to-March period compared with a year earlier.
The Tokyo-based company plans to produce 26,312 metric tons of copper a month, compared with monthly output of 25,903 tons in the same period a year earlier, it said in a statement today.
The following table details monthly production plans:
(metric tons) =============================================================== Metal 2nd Half 2013 2nd Half 2012 1st Half 2013 (Oct.-March) (Oct.-March) (April-Sept.) =============================================================== Copper 26,312 25,903 25,832 Lead 2,480 2,504 2,386 Zinc 657 897 786 Gold (kg) 3,033 2,500 2,583 Silver (kg) 31,333 27,503 30,000 =============================================================== * Note: The drop in refined lead output is due to tight supply in the recycled battery scrap market. Battery scrap is a major source for refined lead production. The increase in gold and silver production is due to a higher grade of raw materials.
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