Sumitomo Metal Mining aims to boost copper output to 300,000t by 2030
2020-03-05 10:31:47 [Print]
Japanese miner Sumitomo Metal Mining said on Wednesday it aims to boost its annual copper output through its shareholding to 300,000 tonnes by 2030 under its new long-term vision. The target compares with 250,000 tonnes projected last November for the current financial year to March 31.
Unveiling a strategy through to 2030, the Japanese company said it wanted to increase use of low-grade nickel ore and start operating its third high-pressure acid leaching (HPAL) plant in the mid-2020s, without giving any further details. HPAL is a process used to extract nickel from laterite ore.
Unveiling a strategy through to 2030, the Japanese company said it wanted to increase use of low-grade nickel ore and start operating its third high-pressure acid leaching (HPAL) plant in the mid-2020s, without giving any further details. HPAL is a process used to extract nickel from laterite ore.
Copper Cathode 99.99%min Delivered China
Unit:RMB/mt
China refined copper producers' inventory to production ratio statistics by province by month
Unit: %
