Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Pan Pacific to Cut Copper Production by 3.2% in First Half

Don't Miss Out —
Follow us on:

April 8 (Bloomberg) -- Pan Pacific Copper Co., Japan’s largest producer, plans to reduce output by 3.2 percent in the first half of this fiscal year compared with a year earlier.

Production will total 261,400 metric tons in the six months to Sept. 30 from 270,000 tons a year earlier, the Tokyo-based company said in a statement today. Pan Pacific Copper is a joint venture between JX Nippon Mining & Metals Corp., a unit of JX Holdings Inc., and Mitsui Mining & Smelting Co.

The following table gives production details in tons for copper, silver and sulfuric acid and in kilograms for gold.

===============================================================
Metal             H1 2013          H1 2012         H2 2012
                  April-Sept.      April-Sept.     Oct.-March
===============================================================
Copper            261,400          270,000         266,500
Gold               17,500           16,600          15,500
Silver                144.2            157.1           148.7
Sulfuric acid     838,800          807,800         776,300
===============================================================

To contact the reporters on this story: Jae Hur in Tokyo at jhur1@bloomberg.net; Ichiro Suzuki in Tokyo at isuzuki@bloomberg.net

To contact the editor responsible for this story: Brett Miller at bmiller30@bloomberg.net

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.