Sumitomo Metal Mining Co., Ltd. Provides Production Guidance for the First Half, Second Half and Full Year of 2020
April 31, 2020 at 10:00 pm EDT
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Sumitomo Metal Mining Co., Ltd. provided production guidance for the first half, second half and full year of 2020. For the first half, the company expects to report electrolytic copper of 225,000 tonnes, electrolytic nickel of 30,400 tonnes, Ferronickel of 6,900 tonnes, Gold of 8,300 kg and Silver of 100,400 kg.
For the second half, the company expects to report electrolytic copper of 225,000 tonnes, electrolytic nickel of 30,400 tonnes, Ferronickel of 6,900 tonnes, Gold of 8,400 kg and Silver of 100,400 kg.
For the full year of 2020, the company expects to report electrolytic copper of 450,000 tonnes, electrolytic nickel of 60,800 tonnes, Ferronickel of 13,800 tonnes, Gold of 16,700 kg and Silver of 200,800 kg.
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. 
