Brief: Mitsubishi Materials Says Began Considering Scaling Back Copper Concentrate Processing At Its Onahama Smelter & Refinery
04/08/2025 07:51
Aug 4 (Reuters) - Mitsubishi Materials Corp 5711.T: MITSUBISHI MATERIALS SAYS BEGAN CONSIDERING SCALING BACK COPPER CONCENTRATE PROCESSING AT ITS ONAHAMA SMELTER & REFINERY MITSUBISHI MATERIALS: THE MOVE IS DUE TO DETERIORATING PROCESSING MARGINS MITSUBISHI MATERIALS: TO KEEP AND IMPROVE PROFITABILITY, WE NEED TO INCREASE RATIO OF RECYCLED RAW MATERIALS IN COPPER SMELTING BUSINESS AND ACCELERATE THE SHIFT TO A RAW MATERIAL MIX LESS SUSCEPTIBLE TO TC/RC Source text: [ID:] Further company coverage: 5711.T (Reporting by Tokyo Newsroom) ((+81345201189;))
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