Japan's Pan Pacific sees 3% y/y rise in second-half copper output

Mitsui Kinzoku

02/10/2020 07:39

TOKYO, Oct 2 (Reuters) - Pan Pacific Copper plans to produce
305,200 tonnes of refined copper in the second half of financial
year 2020/21, up 3.2% from a year ago, Japan's biggest supplier
of the metal said on Friday.
    The country's second half runs from October to March.
    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.
    Here are details of the output plan, with comparisons
against estimated first-half production and actual second-half
production for the 2019/20 financial year, which ended on March
31.
    (Copper in tonnes):     
           H2 FY20/21  H1 FY20/21  H2 FY19/20
  Copper      305,200     293,600     295,700
 
 (Reporting by Yuka Obayashi; Editing by Rashmi Aich)
 ((Yuka.Obayashi@thomsonreuters.com; +813-4563-2761))