Japan's Pan Pacific plans to produce 309,000 T copper in H1
03/04/2023 12:24
TOKYO, April 3 (Reuters) - Pan Pacific Copper plans to
produce 309,000 tonnes of refined copper in the first half of
the 2023/24 financial year, flat from a year earlier, Japan's
biggest supplier of the metal said on Monday.
The country's first half falls between April and September.
PPC is 67.8% owned by JX Nippon Mining & Metals, a unit of
Eneos Holdings Inc 5020.T , and 32.2% held by Mitsui Mining and
Smelting Co Ltd 5706.T . PPC outsources smelting & refining
operations to their parents' plants.
Following are details of the company's 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.
(Copper in tonnes):
H1 FY23/24 H2 FY22/23 H1 FY22/23
Copper 309,000 291,100 309,100
(Reporting by Yuka Obayashi, Editing by Louise Heavens)
((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265))