Japan's Mitsui Mining expects H1 zinc output falling 4.7% y/y

Mitsui Kinzoku

03/04/2023 12:03

TOKYO, April 3 (Reuters) - Mitsui Mining and Smelting Co
Ltd  5706.T  plans to produce 107,000 tonnes of refined zinc in
the first half of the 2023/24 financial year, down 4.7% from a
year earlier, Japan's biggest zinc smelter said on Monday.
    The first half runs from April to September.
    Zinc is used mainly as an anti-corrosive coating while
making galvanised steel.  
    Following are details of the output plan, with comparisons
against planned production in the second half and actual
production in the first half of the 2022/23 financial year,
which ended on March 31.
    
    (Zinc and lead in tonnes):        
          H1 FY23/24     H2 FY22/23          H1 FY22/23
   Zinc      107,000        107,400             112,300
   Lead       34,200         34,900              35,200
 

 (Reporting by Yuka Obayashi; editing by Jason Neely)
 ((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265;))