Mitsubishi Materials cuts sales estimate for Indonesia copper smelter

By Reuters / February 13, 2019 / www.mining.com / Article Link

* Japan's Mitsubishi Materials Corp cut its sales estimate of copper cathode at its Indonesia copper smelting unit, PT Smelting, by 32,000 tonnes from its November forecast to 237,000 tonnes for the year ending March 31, a spokesman said on Wednesday. Sales were 263,000 tonnes a year earlier.

* The longer-than-expected maintenance late last year and slower ramp-up after the maintenance caused a reduction in copper cathode output by 26,000 tonnes, the spokesman said.

* The plant resumed partial operations in late December and returned to full operations in late January, he added.

* Mitsubishi Materials said in November that PT Smelting has declared force majeure on deliveries of products to some customers as maintenance at its plant had been extended due to a lack of supply from a neighbouring oxygen plant.

(By Yuka Obayashi)

Recent News

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com

TSXV gold producers' output growth for Q4/25 mixed

January 19, 2026 / www.canadianminingreport.com

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com

Gold stocks surge ahead of equities on metal price gain

January 12, 2026 / www.canadianminingreport.com

Base metals outlook for 2026 opaque after decent rise last year

January 07, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok