Japan's Sumitomo Metal plans 2.6% cut in FY25/26 copper output

Sumitomo Metal Mining

01/04/2025 10:33

TOKYO, April 1 (Reuters) - Japanese copper smelter Sumitomo Metal Mining 5713.T said on Tuesday it plans to produce 433,000 metric tons of refined copper in the 2025/26 financial year, which began this month, down 2.6% from a year earlier.

The company plans a six-week maintenance at its Toyo Smelter & Refinery in Ehime, western Japan, starting in late October as well as one-week turnarounds at its nickel plant in May and December.

For ferronickel, Sumitomo Metal will adjust production based on sales conditions and other factors, it said in a statement.

Below are the details of the company's output plan, compared with the planned production for the second half as of February and actual production for the first half of the 2024/25 year in parentheses.

(in tons):

H1 FY25/26
H2 FY25/26
copper
216,000(221,593)
217,000(222,807)
nickel
32,000(31,086)
32,000(29,314)
Ferronickel
2,400(1,679)
2,500(1,721)

 (Reporting by Yuka Obayashi; Editing by Janane Venkatraman)

 ((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265;))