Pan Pacific to Cut Copper Production by 3.2% in First HalfJae Hur and Ichiro Suzuki
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 ===============================================================