Mitsubishi Materials sees 18% drop in H2 copper output
Mitsubishi Materials sees 18% drop in H2 copper output TOKYO, Oct 1 (Reuters) - Japan's Mitsubishi Materials Corp 5711.T plans to produce 142,284 metric tons of refined copper in the second half of the 2026 fiscal year, it said on Thursday, down 18% from the same period a year earlier.
The country's second half falls between October and March.
The expected decline in copper output is due to maintenance at the company's Naoshima and Onahama refineries, it said.
Following are details of the company's output plan, with comparisons against planned production in the first half and actual production in the second half of the 2025 fiscal year, which ended on March 31. (in metric tons):
H2 FY2026 | H1 FY2026 | H2 FY2025 | |
Copper | 142,284 | 175,416 | 173,670 |
Lead | 13,500 | 13,644 | 14,892 |
(Reporting by Yuka Obayashi. Editing by Mark Potter)
((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265;))
Recent news on MITSUBISHI MATERIALS
See all newsBrief: Mitsubishi Materials Taps Vietnam For Tungsten As China Alternative, Nikkei Reports
Mitsubishi Materials sees 18% drop in H2 copper output
Japan's Mitsubishi Materials to expand tungsten recycling capacity at Akita
Brief: Mitsubishi Materials Corporation - Investment In Tungsten Recycling Capacity Expansion At Japan New Metals Co
Brief: Silchester Cuts Stake In Mitsubishi Materials To 4.62% From 5.64%, Filing Shows