afdff076-8838-4a48-8949-2c1cff77dc8c.pdf


Press Release

April 1, 2016 Sumitomo Metal Mining Co., Ltd.

FY2016 Metal Production Plans


FY2016


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


  1. Influencing Factors

    1. Regular maintenance and repair work

      Toyo Smelter & Refinery (electrolytic copper) No maintenance or repair work planned

      Hyuga Smelting Co., Ltd. (ferronickel)

      Of the two kiln lines on the premises, maintenance work on one line will be carried out for 7 days in September and for 37 days over January and February, and work on the other line is scheduled to take place for 7 days in September and for 14 days over January and February.


    2. Production Overview

      Electrolytic copper

      There are no plans to implement mandatory maintenance work in FY2016, and the planned production volume will increase by 25,700t from that of FY2015 to 445,200t.

      Electrolytic nickel

      Full operation is planned to continue in FY2016, and production is planned to be 65,100t - the maximum capacity of the facilities.

      Ferronickel

      Plans are in place in FY2016 to shift from operation with two kilns and two electric furnaces to operation with two kilns and one furnace (the optimum production setup in terms of the current ore procurement environment) and the planned production volume is 14,200t - a 5,800t decrease in comparison with FY2015.

    3. Reference


    4. FY2015 Metal Production Plans


      Unit

      1H

      2H

      Total

      Electrolytic

      copper

      t

      202,400

      217,100

      419,500

      Electrolytic

      nickel

      t

      31,700

      32,100

      63,800

      Ferronickel

      t

      10,000

      10,000

      20,000

      Gold

      kg

      9,000

      9,500

      18,500

      Silver

      kg

      92,200

      97,600

      189,800


      Address inquiries concerning this Press Release to:

      Sumitomo Metal Mining Co., Ltd.

      Miki Kagekawa, Public Relations & Investor Relations Department TEL: 03-3436-7705

      FAX: 03-3434-2215

    Sumitomo Metal Mining Co. Ltd. issued this content on 01 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 April 2016 04:13:03 UTC

    Original Document: http://www.smm.co.jp/E/uploaded_files/160401-2en.pdf