Mitsubishi Materials says its Indonesia copper smelter declared force majeure on some deliveries

By Reuters / November 29, 2018 / www.mining.com / Article Link

* Japan's Mitsubishi Materials on Thursday said that its Indonesia copper smelting unit, PT Smelting, has declared force majeure on deliveries of products to some customers as maintenance at its plant in the country had been extended.

* The smelter on Oct. 31 went into maintenance that was scheduled for about 30 days, but that has been extended due to a lack of oxygen supply from a neighboring oxygen plant, said a Mitsubishi Materials spokesman.

* The oxygen plant was also conducting maintenance that had to be extended, the spokesman said.

* The extended maintenance at the smelter is expected to cut annual production of copper cathode at the unit by about 20,000 tonnes to about 240,000-250,000 tonnes, the spokesman said.

* He did not say how much copper supply would be affected by force majeure or which customers would be hit.

* He said the smelter was expected to resume partial operations in mid-December, returning to full operation in mid-January.

(Reporting by Yuka Obayashi; Editing by Joseph Radford)

Recent News

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com

Tariff issue caused by potential definition change of traded gold bars

August 11, 2025 / www.canadianminingreport.com

US BLS head removed after revisions to employment data

August 04, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok