Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Mitsubishi Materials to Boost Gresik Smelter Copper Output 29%

Mitsubishi Materials Corp., Japan’s third-largest copper producer, said it plans to increase refined metal production by 29 percent this year at its Gresik smelter in East Java, Indonesia.

The company’s Indonesian unit, PT Smelting, will produce 270,000 metric tons in 2013, compared with 210,000 tons in 2012, spokesman Toshiaki Yamada said today. The company’s 2012 output was lower than its forecast of 259,000 tons because of maintenance in May and declining ore grades, he said.

PT Smelting, with an annual capacity of 300,000 tons, is 60.5 percent-owned by Tokyo-based Mitsubishi Materials. Freeport-McMoRan Copper & Gold Inc. has a 25 percent stake, Mitsubishi Corp. owns 9.5 percent and JX Nippon Mining & Metals Corp., a unit of JX Holdings Inc., has 5 percent.

Output from the smelter is sold to Indonesia and neighboring Southeast Asian nations.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.