Sumitomo Metal Mining : FY2017 Metal Production Plans
April 02, 2017 at 10:07 pm EDT
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Press Release
April 3, 2017 Sumitomo Metal Mining Co., Ltd.
FY2017 Metal Production Plans
FY 2017
Unit
1H
2H
Total
Electrolytic copper
t
227,200
222,800
450,000
Electrolytic nickel
t
32,500
30,300
62,800
Ferronickel
t
7,100
7,000
14,100
Gold
kg
10,500
10,300
20,800
Silver
kg
105,800
102,200
208,000
Influencing factors
Regular maintenance and repair work
・Toyo Smelter & Refinery (electrolytic copper) Planned for period of 25 days from mid November
・Hyuga Smelting Co., Ltd. (ferronickel)
Of the two kiln lines on the premises, maintenance work on one line will be carried out for a period of 35 days in August and September and for a period of 7 days in February. Work on the other line is scheduled to take place for a period of 10 days in September and for a period of 45 days from January to March.
Production Overview
・Electrolytic copper
Mandatory maintenance work is scheduled for a period of 25 days in FY2017, but planned annual production volume will increase by 4,800t from that of FY2016 to 450,000t.
・Electrolytic nickel
Increased production of MS (Mixed Sulfide) is planned for THPAL in FY2017. However, due to increased production of nickel sulfate and decreased production of MS caused by reduced ore grade at CBNC, planned annual production volume will decrease by 2,300t from that of FY2016 to 62,800t.
・Ferronickel
In FY2017, we will continue to operate with two kilns and one electric furnace, the optimum production setup in terms of the current raw materials procurement environment. Planned annual production volume will decrease by 100t from that of FY2016 to 14,100t.
Reference
FY2016 Metal Production Plans
Unit
1H
2H
Total
Electrolytic copper
t
225,800
219,400
445,200
Electrolytic nickel
t
32,500
32,600
65,100
Ferronickel
t
7,400
6,800
14,200
Gold
kg
9,800
9,500
19,300
Silver
kg
98,400
96,000
194,400
Address inquiries concerning this Press Release to:
Sumitomo Metal Mining Co., Ltd.
Amanda Orrisch, Public Relations & Investor Relations Department TEL: 03-3436-7705
FAX: 03-3434-2215
Sumitomo Metal Mining Co. Ltd. published this content on 03 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 April 2017 02:06:09 UTC.
Original documenthttp://www.smm.co.jp/E/news/release/uploaded_files/20170403_e.pdf
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Sumitomo Metal Mining Co., Ltd. specializes in production, processing and marketing of non ferrous metals. Net sales break down by activity as follows:
- sale of non ferrous metals (70.9%): gold, copper, nickel, aluminum, zinc, etc.;
- manufacturing of electronic components and advanced materials (20.5%): primarily semiconductors;
- mineral extraction (8.2%);
- other (0.4%): primarily engineering services.
SUMITOMO METAL MINING CO., LTD. 
