首页|Nippon Mining, Mitsui Mining to merge copper ops - Nikkei
Nippon Mining, Mitsui Mining to merge copper ops - Nikkei
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NSTL
Nippon Mining & Metals Co and Mitsui Mining & Smelting Co. are gearing up to combine their copper operations this autumn, according to Nihon Keizai Shimbun.The union will fully integrate everything from the procurement of copper ore to distribution. Combined, the two companies will wield a total annual copper-smelting capacity of roughly 1.1 million tons, making them the second-largest copper producer in the world after Chile's Codelco. The estimated capacity factors in LG-Nikko Copper Inc., a South Korean joint venture in which the companies hold stakes. The combination is expected to strengthen the companies hold stakes. The combination is expected to strengthen the companies' supply of electronic components and materials for high-tech products manufactured in China and other Asian markets outside of Japan.
NSTL
